Question
(14) You own a coupon-paying bond with a present value of $850 which will pay out a face value of $1,000 12 years from now.
(14) You own a coupon-paying bond with a present value of $850 which will pay out a face value of $1,000 12 years from now. The yield to maturity on this bond is 3.75%. What percent coupon bond do you own?
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The Handbook Of Sentiment Analysis In Finance
Authors: Gautam Mitra, Xiang Yu
1st Edition
1910571571, 978-1910571576
