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A 10,00,000tk Corporate bond is selling at 9,20,872.8182tk. This is a semi-annual coupon bond with 5-year maturity. Calculate the coupon rate of the Corporate bond
A 10,00,000tk Corporate bond is selling at 9,20,872.8182tk. This is a semi-annual coupon bond with 5-year maturity. Calculate the coupon rate of the Corporate bond provided that the return on debt is 9% p.a.
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