What must the coupon rate be on the bonds

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Question - Henley corporation has bonds on the market with 10.5 years to maturity a YTM of 5.7 percent a par value of $1000 and current price of $949; the bonds maek semiannual payments, what must the coupon rate be on the bonds?

Reference no: EM132890283

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What must the coupon rate be on the bonds : Henley corporation has bonds on the market with 10.5 years to maturity a YTM of 5.7 percent a par value of $1000. What must the coupon rate be on the bonds
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