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A 14-year, semiannual coupon bond sells for $974.17. The bond has a par value of $1,000 and a yield to maturity of 6.54 percent. What
A 14-year, semiannual coupon bond sells for $974.17. The bond has a par value of $1,000 and a yield to maturity of 6.54 percent. What is the bond's coupon rate?
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Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
133060411, 132805669, 9780133060416, 978-0132805667
