Airbutus Co. wants to issue new 20-year bonds for some much-needed expansion projects. The company...
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Airbutus Co wants to issue new year bonds for some muchneeded expansion projects. The company currently has coupon bonds on the market that sell for $ make semiannual payments, and mature in years. What coupon rate should the company set on its new bonds if it wants them to sell at par? How can I solve it with financial calculator method?
Airbutus Co wants to issue new year bonds for some muchneeded expansion projects. The company currently has coupon bonds on the market that sell for $ make semiannual payments, and mature in years. What coupon rate should the company set on its new bonds if it wants them to sell at par? How can I solve it with financial calculator method?
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