CORPORATE FINANCE
CORPORATE FINANCE
12th Edition
ISBN: 9781307702804
Author: Ross
Publisher: MCG/CREATE
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Chapter 8, Problem 21QAP
Summary Introduction

Introduction: The term interest rate refers to the rate the bond issuers pay on the bond's face value and it is also known as the coupon rate.

To calculate: Coupon rate of new bonds if the company wants to sell them at par.

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CORPORATE FINANCE

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