FIN - Volbeat corporation has bonds on the market 19.5 years to maturity

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Volbeat corporation has bonds on the market 19.5 years to maturity, a YTM of 11.2 percent, and a current price of $936. The bonds make semiannual payments. What must the coupon rate be on the bonds? 

    • 13 years ago
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    FIN - Volbeat corporation has bonds on the market 19.5 years to maturity
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