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harry32 harry32
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6 months ago
LaMaudite Lager Inc. has a semi-annual pay bond that trades with a yield to maturity of 7%. The bonds have a six-year term to maturity and are currently selling for $1,067.20. The coupon rate of the bond is

▸ 8.39%.

▸ 15.69%.

▸ 8.41%.

▸ 4.95%.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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ixi12ixi12
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