Business, 04.11.2020 18:20 audreymarie2940

Henley Corporation has bonds on the market with 19.5 years to maturity, a YTM of 11.2 percent, a par value of $1,000, and a current price of $936. The bonds make semiannual payments. What must the coupon rate be on the bonds

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Henley Corporation has bonds on the market with 19.5 years to maturity, a YTM of 11.2 percent, a par...

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