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6.05 Coupon Rates Barnes Enterprises has bonds on the market making annual payments, with 12 years to maturity, a par value of $1,000, and a
| 6.05 Coupon Rates Barnes Enterprises has bonds on the market making annual payments, with 12 years to maturity, a par value of $1,000, and a price of $963. At this price, the bonds yield 6.14 percent. What must the coupon rate be on the bonds? | ||||||
| Face Value | Maturity | Bond Price | YTM | Compounding Frequency | ||
| Coupon Rate | ||||||
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Understanding Futures Markets
Authors: Robert Kolb, James Overdahl
6th Edition
1405134038, 9781405134033
