Question
An outstanding bond,which has a face value of $1.000, has 11 years remaining to maturity. The yield to maturity is 9 percent, and interest is
An outstanding bond,which has a face value of $1.000, has 11 years remaining to maturity. The yield to maturity is 9 percent, and interest is paid semiannually. lf the market price of the bond is$931.what is its coupon rate?
4.0%
39.99% 6.5% 0 8.0%
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Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
