Question
Consider the following bond where the coupons are paid semi-annually, Bond Scotiabank Price $1086.25 YTM 6% Years to maturity 5 years What is the coupon
Consider the following bond where the coupons are paid semi-annually,
Bond Scotiabank
Price $1086.25
YTM 6%
Years to maturity 5 years
What is the coupon rate of this bond? (Answer as a percentage rounded to 2 decimal places)
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
