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please and thank you O'Brien Ltd.'s outstanding bonds have a $1;000 par value, and they mature in 10 years. Their nominal annual, not semiannual yield
please and thank you O'Brien Ltd.'s outstanding bonds have a $1;000 par value, and they mature in 10 years. Their nominal annual, not semiannual yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of $900. What is the bond's nominal coupon interest rate? 8.65% 9.23% 8.35% 8.18% 7.70%
please and thank you
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