Question
A 11-year bond pays interest of $ 26.90 semiannually, has a face value of $ 1, 000 , and is selling for $ 776.61. What
A 11-year bond pays interest of $ 26.90 semiannually, has a face value of $ 1, 000 , and is selling for $ 776.61.
What are its annual coupon rate and yield to maturity?
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Intermediate Accounting
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
10th Canadian Edition, Volume 1
978-1118735329, 9781118726327, 1118735323, 1118726324, 978-0176509736
