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Please Do Not answer in Excel. Do it as a handwritten calculation. Thank you. Assume semi-annual payments. What is the coupon rate for A bond?
Please Do Not answer in Excel. Do it as a handwritten calculation. Thank you.
Assume semi-annual payments. What is the coupon rate for A bond? (Note: Becuase you are given "t" do not multiply it by 2 and remember that price quotes are as a percentage of $1000. This means to get the price, move the decimal over 1 place. For example, a price quote of 99.99 is equal to a price of $999.9.) Bond Coupon Rate Yield Price Quote t 1.828 108 4.338Step by Step Solution
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