Question
A semi-annual coupon bond has 21 years left to maturity, face value of $1,000 and yield to maturity of 6.92 percent. The bond is currently
A semi-annual coupon bond has 21 years left to maturity, face value of $1,000 and yield to maturity of 6.92 percent. The bond is currently priced at $846.47. Calculate the bond's coupon rate.
2.A 6.12% semiannual coupon bond with face value of $5,000 is currently priced at $984.41. The bond's yield to maturity is 6.35 percent. How many years does the bond have until it matures?
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Managing Business Ethics Making Ethical Decisions
Authors: Alfred A. Marcus, Timothy J. Hargrave
1st Edition
1506388590, 978-1506388595
