Question
A company has bonds with semiannual payments on the market. The bonds have a current price of $836.02, a par value of $1,000, and 12
A company has bonds with semiannual payments on the market. The bonds have a current price of $836.02, a par value of $1,000, and 12 years to maturity. The bonds have a yield-to-maturity of 8.8 percent. What is the coupon rate?
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Pricing And Liquidity Of Complex And Structured Derivatives
Authors: Mathias Schmidt
1st Edition
3319459694, 978-3319459691
