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A 9-year bond pays interest of $27.30 semiannually, has a face value of $1,000, and is selling for $750.14. What are its annual coupon rate
A 9-year bond pays interest of $27.30 semiannually, has a face value of $1,000, and is selling for $750.14. What are its annual coupon rate and yield tomaturity?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
