If Circular File (see previous problem: A 6-year Circular File bond pays interest of $80 annually and sells for $950. Pa
Posted: Sun Jun 05, 2022 10:21 am
If Circular File (see previous problem: A 6-year Circular File
bond pays interest of $80 annually and sells for $950. Par value is
$1000 by assumption.) wants to issue a new 6-year bond at face
value, what coupon rate must the bond offer? round to 4 DEC
places
what is the coupon rate
bond pays interest of $80 annually and sells for $950. Par value is
$1000 by assumption.) wants to issue a new 6-year bond at face
value, what coupon rate must the bond offer? round to 4 DEC
places
what is the coupon rate