Question: Can you include how to insert them in excel formulas also? 22. Bond Yields BDJ Co. wants to issue new 25-year bonds for some much-needed
Can you include how to insert them in excel formulas also?
22. Bond Yields BDJ Co. wants to issue new 25-year bonds for some much-needed expansion projects. The company currently has 4.8 percent coupon bonds on the market that sell for $1,028, make semiannual payments, have a $1,000 par value, and mature in 25 years. What coupon rate should the company set on its new bonds if it wants them to sell at par
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