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A bond that matures in 15 years is selling for $942.01. The bond has a face value of $1,000 and pays coupons every 6 months.
A bond that matures in 15 years is selling for $942.01. The bond has a face value of $1,000 and pays coupons every 6 months. The yield to maturity on this bond 7.17 percent. The coupon rate for this bond is: 6.21% 6.53% 3.27% 4.90% 5.88%
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