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Bond Coupon Rate - Annual Coupon Payments The Time Company has 15-year bonds outstanding with a face value of $1,000 and a market price
Bond Coupon Rate - Annual Coupon Payments The Time Company has 15-year bonds outstanding with a face value of $1,000 and a market price of $974. The bonds pay interest annually and have a yield to maturity of 4.03 percent. What is the coupon rate?
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Finance for Non Financial Managers
Authors: Pierre Bergeron
7th edition
176530835, 978-0176530839
