Business, 13.03.2020 01:30, amelvin41

Big Canyon Enterprises has bonds on the market making annual payments, with 12 years to maturity, a par value of $1,000, and a price of $1,030. At this price, the bonds yield 6.14 percent. What must the coupon rate be on the bonds? (

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Big Canyon Enterprises has bonds on the market making annual payments, with 12 years to maturity, a...