Question
a 11- year bond pays interest of 28.10 semiannually, has a face value of $1000 and is selling for 735.85. What are it's annual coupon
a 11- year bond pays interest of 28.10 semiannually, has a face value of $1000 and is selling for 735.85. What are it's annual coupon rate and yield to maturity?
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Focus On Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
5th Edition
0077861744, 978-0077861742
