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The coupon rate on a tax-exempt bond is 5.6%, and the rate on a taxable bond is
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 Assume a corporation issues 5-year bonds with a stated rate of 8%, when their market rate of interest is 9%. A year after the bonds are issued the company introduces a new product which is a failure and the company dramatically loses market share. What result will this have on the company's... 
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:eek: I have to find the coupon rate on a bond but every formula I find requires the coupon rate to already be configured. How do I work backwards to get what I need? Example problem - Samantha's bonds sell for $1065.15. The bond life is 9 years and the yield to maturity is 7 percent. What... View more questions Search 
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