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Consider the following bond where the coupons are paid annually, Bond Bank of Montreal Price $997.75 YTM 9% Years to maturity 12 years What is
Consider the following bond where the coupons are paid annually,
Bond | Bank of Montreal |
Price | $997.75 |
YTM | 9% |
Years to maturity | 12 years |
What is the coupon rate of this bond?
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