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Assume its face value is $2,000 and coupons are paid semi-annually. Using the information above, what is the coupon rate for GE? Please use financial

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Assume its face value is $2,000 and coupons are paid semi-annually. Using the information above, what is the coupon rate for GE?

Please use financial calculator and explain why each value is calculated that way. Thank you very much!

EST Sample Wall Street Journal Bond Quotation Corporate Bonds September 23, 2013 Sample of most active fixed-corporate bonds Rating Issuer name Coupon Maturity Moody's / Last Change Yield % SPREA S&P/ Fitch D GENERAL ELECTRIC CAPITAL ??? Dec 2017 Aa/A4/- 114.07 -3.20 3.053 255 CORP EST Sample Wall Street Journal Bond Quotation Corporate Bonds September 23, 2013 Sample of most active fixed-corporate bonds Rating Issuer name Coupon Maturity Moody's / Last Change Yield % SPREA S&P/ Fitch D GENERAL ELECTRIC CAPITAL ??? Dec 2017 Aa/A4/- 114.07 -3.20 3.053 255 CORP

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