Question: please solve in the following format, if applicable: FV (future value) = PV (present value) = PMTvend (end payment) = I/YR (interest rate) = N

please solve in the following format, if applicable: FV (future value)

please solve in the following format, if applicable:

FV (future value) = PV (present value) = PMTvend (end payment) = I/YR (interest rate) = N (periods) =

7. Andrews Corporation has bonds on the market making semiannual payments, with 12 years until maturity, a par value of $1,000, and selling today for 97.25 percent of par. At this price, the YTM of these bonds is 5.89%. What must be the coupon rate on these bonds

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