Question
Bryceton has bonds on the market with 13 years to maturity, a yield to maturity of 9.2 percentX and a current price of $802.30. The
Bryceton has bonds on the market with 13 years to maturity, a yield to maturity of 9.2 percentX and a current price of $802.30. The bonds have a face value of $1,000 and semiannual payments. What is the coupon rate?
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Entrepreneurial Finance
Authors: Chris LeachJ LeachRonald Melicher
3rd Edition
0324561253, 9780324561258
