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View Full Version : Coupon rate


aaly1706
May 15, 2012, 12:40 PM
a company wants to issue 10 years bond for some much needed expansion projects the company has 9% coupon on the market that sell for 1170 $ make annual payments and mature in 15 years
what coupon rate should be the company set on its new bonds if it wants the need bonds to sell at face value 1000$