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A bond sells for $985 and matures in 4 years. The bond makes semi-annual payments and has a yield of 4%. What is the coupon?
- A bond sells for $985 and matures in 4 years. The bond makes semi-annual payments and has a yield of 4%. What is the coupon? What is the coupon rate?
- A bond has a coupon rate of 5% and pays coupons semi-annually. The bond matures in 13 years and has a yield of 4.5%. What is the value of the bond?
- A bond sells for $1025 and matures in 5 years. The bond makes semi-annual payments and has a yield of 5%. What is the coupon? What is the coupon rate?
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Corporate Financial Reporting In A Competitive Economy (RLE Accounting)
Authors: Herman W. Bevis
1st Edition
1138966819, 9781138966819
