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Coupon rates. What are the coupon rates for the following bonds, ? Hint: Make sure to round all intermediate calculations to at least six decimal
Coupon rates. What are the coupon rates for the following bonds, ? Hint: Make sure to round all intermediate calculations to at least six decimal places. a. What is the coupon rate for the following bond? (Round to two decimal places.) Par Value $1,000.00 Coupon Rate 1% Years La Maturity 5 Yield to Maturity 8% Coupon Frequency monthly Price $1,123.30 5
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