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4 Zatex, Inc., has 6-year bonds outstanding with a par value of USD 1000. and amarket price of $998. The bonds pay interest annually and
4
Zatex, Inc., has 6-year bonds outstanding with a par value of USD 1000. and amarket price of $998. The bonds pay interest annually and have a yield to maturity of 5.1 percent. What is the bond's coupon rate in percentage terms?
5.44 | ||
5.61 | ||
5.06 | ||
5.41 | ||
5.49 |
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