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5 May, 09:09

Kiss the sky enterprises has bonds on the market making annual payments, with 15 years to maturity, and selling for $830. at this price, the bonds yield 10.0 percent. what must the coupon rate be on the bonds?

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  1. 5 May, 09:23
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    Since the bond yields 10.0%, we must have coupon rateo f 10.0%
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