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Business, 23.03.2021 06:10 tddreviews
Setrakian Industries needs to raise $48.5 million to fund a new project. The company will sell bonds that have a coupon rate of 5.56 percent paid semiannually and that mature in 10 years. The bonds will be sold at an initial YTM of 6.13 percent and have a par value of $2,000. How many bonds must be sold to raise the necessary funds
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Setrakian Industries needs to raise $48.5 million to fund a new project. The company will sell bonds...
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