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Help with homework question please A 30-year Treasury bond is issued with face value of $1,000, paying interest of $70 per year. If market yields
Help with homework question please
A 30-year Treasury bond is issued with face value of $1,000, paying interest of $70 per year. If market yields increase shortly after the T-bond is issued, what is the bond's coupon rate? (Enter your answer as a percent rounded to 1 decimal place.) Coupon rate %Step by Step Solution
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