Suppose that the Ali company is has a current price of {dollar1}, and the par...

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Finance

Suppose that the Ali company is has a current price of {dollar1}, and the par value is 1992, and matures in 5 years. If interest is paid semi-annually and the bond is priced to yield 8%, Also, Suppose the semi-annual payment is 61. what is the bond's annual coupon rate?

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