Question
17. Suppose a five-year, $1,000 bond with annual coupons has a price of $897.75 and a yield to maturity of 5.8%. What is the bond's
17. Suppose a five-year, $1,000 bond with annual coupons has a price of $897.75 and a yield to maturity of 5.8%. What is the bond's coupon rate?
The bond's coupon rate is ___%? (Round to three decimal places.)
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The Handbook Of Loan Syndications And Trading
Authors: Marsh, Lee Shaiman, Bridget Marsh
2nd Edition
1264258526, 978-1264258529
