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You are analyzing a 24-year, $5,000 par value bond which has a yield to maturity of 14.87 percent from The Glam Company. If the bond

You are analyzing a 24-year, $5,000 par value bond which has a yield to maturity of 14.87 percent from The Glam Company. If the bond is quoted at 101.17 percent of face value, what must be the coupon rate for this semiannual-pay bond

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