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Business, 28.11.2019 00:31 razielcornils04

Maxcorp’s bonds sell for $1,166.55. the bond life is 9 years, and the yield to maturity is 7.4%. what is the coupon rate on the bonds? (assume a face value of $1,000 and annual coupon payments.) (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

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Maxcorp’s bonds sell for $1,166.55. the bond life is 9 years, and the yield to maturity is 7.4%. wha...
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