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ABC Inc. just issued a twenty-year semi-annual coupon bond at a price of $1,202.42. The face value of the bond is $1,000, and the market
ABC Inc. just issued a twenty-year semi-annual coupon bond at a price of $1,202.42. The face value of the bond is $1,000, and the market interest rate is 9%. What is the annual coupon rate 0 9.50% ws O 8.42% O 10.80% O 11.2%
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