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A bond sells today for $1010. The bond has a YTM of 6.55% and matures in 12 years. What is the coupon rate on the
A bond sells today for $1010. The bond has a YTM of 6.55% and matures in 12 years. What is the coupon rate on the bond? Answer to 4 decimal places, for example 0.1234.
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Intermediate Financial Management
Authors: Eugene F. Brigham, Louis C. Gapenski
4th Edition
0030754828, 978-0030754821
