Question
A semiannual-pay bond has 15 years to maturity, a yield to maturity of 6.35 percent and is priced at $908.58. What is its annual
A semiannual-pay bond has 15 years to maturity, a yield to maturity of 6.35 percent and is priced at $908.58. What is its annual coupon rate?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
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