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What should the coupon rate be, if a company wants to issue 10 year semi-annual bonds. The company is CCC rated? Using the file below

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What should the coupon rate be, if a company wants to issue 10 year semi-annual bonds. The company is CCC rated? Using the file below to complete the bond table and answer the following questions. The excel version is available as an attachment to this assignment for additional analysis. These bonds pay a semi-annual coupon! 8.18% 6.26% none of the answers is correct 12.51% 9.5%

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