Question
1. Consider a bond that pays coupon interest semi-annually and has 22 years to maturity. The bond has a par value of $1,000, the market
1. Consider a bond that pays coupon interest semi-annually and has 22 years to maturity. The bond has a par value of $1,000, the market price of the bond is $979.77, and the yield to maturity is 8.20%. The bonds coupon rate is ______%.
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The Wealthtech Book The FinTech Handbook For Investors Entrepreneurs And Finance Visionaries
Authors: Susanne Chishti, Thomas Puschmann
1st Edition
1119362156, 978-1119362159
