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#8 plsss help What is the coupon rate of an eight - year, $10,000 bond with semiannual coupons and a price of $8,472.97, if it
#8 plsss help
What is the coupon rate of an eight - year, $10,000 bond with semiannual coupons and a price of $8,472.97, if it has a yield to maturity of 7.9% ? A. 5.379% B. 6.45% C. 7.53% D. 4.3% What is the coupon rate of an eight - year, $10,000 bond with semiannual coupons and a price of $8,472.97, if it has a yield to maturity of 7.9% ? A. 5.379% B. 6.45% C. 7.53% D. 4.3%Step by Step Solution
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