Question
Assume semi-annual payments. What is the coupon rate for A bond? (Note: Becuase you are given t do not multiply it by 2 and remember
Assume semi-annual payments. What is the coupon rate for A bond? (Note: Becuase you are given "t" do not multiply it by 2 and remember that price quotes are as a percentage of $1000. This means to get the price, move the decimal over 1 place. For example, a price quote of 99.99 is equal to a price of $999.9.)
| Bond | Coupon Rate | Yield | Price Quote | t |
| A |
| 2.049 | 101 | 4.338 |
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Short Term Financial Management
Authors: Ned C. Hill, William L. Sartoris
3rd Edition
0023548320, 978-0023548321
