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A corporate bond was issued on November 1 2018. It matures on November 1, 2043. On November 1, 2020, the bond sold for $1136. The
- A corporate bond was issued on November 1 2018. It matures on November 1, 2043. On November 1, 2020, the bond sold for $1136. The yield to maturity was 2.56%.
- What is the coupon rate on this bond?
b. Is this bond selling at par, premium or discount?_______ Explain why that is the case__________________________________
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Meetings Expositions Events And Conventions An Introduction To The Industry
Authors: George Fenich
5th Edition
0134735900, 9780134735900
