Question
outstanding bonds have a $1,000 par value and they mature in 9 years. Their nominal yield to maturity is 9%, bonds are SEMIANNUAL, and the
outstanding bonds have a $1,000 par value and they mature in 9 years. Their nominal yield to maturity is 9%, bonds are SEMIANNUAL, and the current market price is $953.61. What is the bond's annual (nominal) coupon interest rate?
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Stocks And Forex Trading How To Win
Authors: Daryl Guppy ,karen Wong
1st Edition
9811237646, 978-9811237645
