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Business, 12.03.2020 00:41 ayoismeisjjjjuan

BDJ Co. Wants to issue new 25-year bonds for some much-needed expansion projects. The company currently has 5.6% coupon bonds on the market that sell for $1074, make semi-annual payments have a $1000 par value and mature in 25 years. What coupon rate should the company set on its new bonds if it wants them to sell at par

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BDJ Co. Wants to issue new 25-year bonds for some much-needed expansion projects. The company curren...
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