13. Suppose a seven-year, $1,000 bond with annual coupons has a price of $930 and a yield...

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13. Suppose a seven-year, $1,000 bond with annual coupons has a price of $930 and a yield to maturity of 8%. What is the bond's coupon rate?

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Fundamentals Of Corporate Finance

ISBN: 9781292018409

3rd Global Edition

Authors: Berk, Peter DeMarzo, Jarrad Harford

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