What must the coupon rate be on the bonds

Reference no: EM132025064

Question: Osboume Corporation has bonds on the market with 19.0 years to maturity. YTM of 11.1 percent, and a current price of $937. The bonds make semiannual payments. Required: What must the coupon rate be on the bonds? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132025064

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What must the coupon rate be on the bonds : Osboume Corporation has bonds on the market with 19.0 years to maturity. YTM of 11.1 percent, and a current price of $937. The bonds make semiannual payments.

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