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Old MathJax webview The bond has the current price of $1,123 and par value of $1,000. The bond matures in 7 years and yields 12%.

Old MathJax webview The bond has the current price of $1,123 and par value of $1,000. The bond matures in 7 years and yields 12%. If the interest is paid semi-annually what will be the bond's annual coupon rate? 1 answer

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