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25-02-2024
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Blossom Corporation currently has bonds selling for $1,136.50 with 17 years to maturity. If the YTM is currently 9.2%, and the bonds make semiannual payments, what should be the coupon rate?
a) 9.50%
b) 19.03%
c) 10.89%
d) 10.79%
e) 21.63%

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