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Business, 28.12.2020 17:40 Halieyrobinson3003

Pera Inc. wishes to issue new bonds. These are 5-year bonds with semi-annual interest; $1,000 par value, and a yield to maturity of 10%. The firm has determined that these bonds would sell for $1,136 each today. What is the coupon rate for these bonds?

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Pera Inc. wishes to issue new bonds. These are 5-year bonds with semi-annual interest; $1,000 par va...
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