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15-year, semiannual coupon bond sells for $942.01. The bond has apar value of $1,000 and a yield to maturity of 7.17 percent. What is the
15-year, semiannual coupon bond sells for $942.01. The bond has apar value of $1,000 and a yield to maturity of 7.17 percent. What is the bond's coupon rate?
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
5th edition
321280299, 321280296, 978-0321280299
