Question
City Wok Inc. bonds trade for a price of $90.165. The bonds have 6 years to maturity and a yield to maturity of 6%. The
City Wok Inc. bonds trade for a price of $90.165. The bonds have 6 years to maturity and a yield to maturity of 6%. The bonds pay annual coupons (the next coupon is due in one year) and the face value is $100. What is the coupon rate of the bond?
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How To Trade With High Probability
Authors: Ricardo Moneta
1st Edition
1542590159, 978-1542590150
