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6-13: Suppose a five-year, $1,000 bond with annual coupons has a price of $901.91 and a yield to maturity of 5.9%. What is the bond's
6-13:
Suppose a five-year, $1,000 bond with annual coupons has a price of $901.91 and a yield to maturity of 5.9%. What is the bond's coupon rate? (Round to three decimal places.)
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Gapenskis Understanding Healthcare Financial Management
Authors: George H. Pink, Paula H. Song
8th Edition
1640551093, 978-1640551091
