Coupon rates Suppose you have a 25-year coupon semiannual paying bond selling for $895.68. The bond is
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Coupon rates Suppose you have a 25-year coupon semiannual paying bond selling for $895.68. The bond is currently selling at a yield of 8.5 % and has 16 years left until maturity. What is the coupon rate?
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ISBN: 9781493952991
1st Edition
Authors: Mark K. Pyles
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