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September 4, 2015

Homework Help: Finance

Posted by Anonymous on Sunday, October 3, 2010 at 6:40pm.

moussawi ltd's outstanding bonds have a $1000 par value, and they mature in 5 years. their yield to maturity is 9%, based on semiannual compounding, and the current market price is $853.61. what is the bonds annual coupon interest rate?

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