Question
A 11 year bond pays interest of $ 28.20 semiannually, has a face value of $1,000 , and is selling for $ 770.05 . What
A 11 year bond pays interest of $ 28.20semiannually, has a face value of $1,000, and is selling for $ 770.05. What are its annual coupon rate and yield tomaturity?
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
13th edition
134417216, 978-0134417509, 013441750X, 978-0134417219
