Notsosmartyy5303 Notsosmartyy5303
  • 08-12-2022
  • Business
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warson motors wants to raise $2 million by selling 20-year coupon bonds at par. comparable bonds in the market have a coupon rate of 6.3 percent, semiannual payments, 20 years to maturity, and are selling at 96.5 percent of par. what coupon rate should warson motors set on its bonds

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