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the dairy delight wants to raise 2.5 million dollars omework 11: Bond Valuation The Dairy Delight wants to raise $2.5 million by selling some coupon

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the dairy delight wants to raise 2.5 million dollars

omework 11: Bond Valuation The Dairy Delight wants to raise $2.5 million by selling some coupon bonds at par. Comparable bonds in the market have a 4 percent annual coupon, 19 years to maturity, and are selling at 113 percent of par. What coupon rate should The Dairy Delight set on its bonds

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