Explain coupon interest rate outstanding

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The Hewitt packing company has an issue of 1000 par value bonds with a 14 percent coupon interest rate outstanding. The issue pays interest semi-annually and has 10 years remaining to it maturity date. Bonds similar risk are currently selling to yield a 12 percent

Reference no: EM13111432

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Explain coupon interest rate outstanding : The Hewitt packing company has an issue of 1000 par value bonds with a 14 percent coupon interest rate outstanding.

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