How would Sacyr Vallehermoso decide on an appropriate coupon rate to set on its bonds given that

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How would Sacyr Vallehermoso decide on an appropriate coupon rate to set on its bonds given that the investment is in China? Is the coupon rate the same as the required rate of return on the bond? Explain.

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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