Risk bonds being issued, Beck Industries bond has a current

Risk bonds being issued

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Reference no: EM13873354

Beck Industries bond has a current market price of $1060, 7% coupon, $1000 par, 10 years maturity.

What is the yield to maturity?

So, do similar risk bonds being issued today (at par) have a coupon rate higher or lower than Beck’s?

Reference no: EM13873354

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