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A bond matures in 10 years, and its yield to maturity is 6%. Interest is paid semiannually, and the bond is sold at a price
A bond matures in 10 years, and its yield to maturity is 6%. Interest is paid semiannually, and the bond is sold at a price of $1,500 What is the bond's annual coupon rate?
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The Emerging Markets Handbook
Authors: Pran Tiku
1st Edition
0857192981, 978-0857192981
