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solve this question and show your work DO NOT USE EXCEL!!!!!!!!! Al-Diwan corporation has bonds on the market with 14,5 years to maturity, a YTM

solve this question and show your work

DO NOT USE EXCEL!!!!!!!!!

Al-Diwan corporation has bonds on the market with 14,5 years to maturity, a YTM of 6.1%, and a current price of $1,038. The bonds make semi-annual payments. What must the coupon rate be on these bonds

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