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A $1,000 face value bond is currently quoted at 100.00 . The bond pays semi-annual payments and matures in 13 years. If the yield to
A $1,000 face value bond is currently quoted at 100.00 . The bond pays semi-annual payments and matures in 13 years. If the yield to maturity is 9 percent, what is the bond's annual coupon rate? a. 9.00 percent b. 4.68 percent c. 4.75 percent d. 9.36 percent e. 9.50 percent
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