Question
Consider a bond that has a price of $2211.27, a current yield of 2.94%, a yield to maturity of 1%, a face value of $1000,
Consider a bond that has a price of $2211.27, a current yield of 2.94%, a yield to maturity of 1%, a face value of $1000, and 25 years to maturity. What are the annual coupon payments? Enter your answer rounded to 2 DECIMAL PLACES.
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Meetings Expositions Events And Conventions An Introduction To The Industry
Authors: George Fenich
5th Edition
0134735900, 9780134735900
