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A bond with 8 years left to maturity is trading for $992. It pays coupons semiannually. Its YTM is currently 4.0%. The coupon rate for
A bond with 8 years left to maturity is trading for $992. It pays coupons semiannually. Its YTM is currently 4.0%. The coupon rate for this bond must be ________%.
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Money Banking And Financial Markets
Authors: Laurence Ball
1st Edition
0716759349, 9780716759348
