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Your company currently has 6 . 2 5 % coupon - rate bonds ( coupons are paid semi - annually ) with ten years to
Your company currently has couponrate bonds coupons are paid semiannually with ten years to maturity and a price of $ If you want to
issue new year coupon bonds at par, what coupon rate do you need to set? Assume that for both bonds, the next coupon payment is due in exactly
months.
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