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A 9-year bond pays interest of $27.90 semiannually, has a face value of $1,000, and is selling for $746.91. What are its annual coupon rate
A 9-year bond pays interest of $27.90 semiannually, has a face value of $1,000, and is selling for $746.91. What are its annual coupon rate and yield to maturity?
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
