Question
Consider the following bond where the coupons are paid semi-annually, Bond CIBC Price $1009.25 YTM 7% Years to maturity 14 years What is the coupon
Consider the following bond where the coupons are paid semi-annually,
| Bond | CIBC |
| Price | $1009.25 |
| YTM | 7% |
| Years to maturity | 14 years |
What is the coupon rate of this bond? Enter your answer as a percentage. Do not enter the percentage sign in your answer.
Enter your response below. Enter your answer rounded to 2 DECIMAL PLACES.
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The Principles Of Project Finance
Authors: Rod Morrison
1st Edition
1409439828, 9781409439820
