Question: Draiman Corporation has bonds on the market with 1 2 . 5 years to maturity, a YTM of 9 . 8 percent, a par value
Draiman Corporation has bonds on the market with years to maturity, a YTM of percent, a par value of $ and a cuirrent price of $ The bonds make smiannual payments. What must the coupon rate be on the bonds?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
Coupon rate
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