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please help need it asap AB Builders has 15-year bonds outstanding with a face value of $1,000 and a market price of $954. The bonds
please help need it asap 
AB Builders has 15-year bonds outstanding with a face value of $1,000 and a market price of $954. The bonds pay interest annually and have a yield to maturity of 3.75 percent. What is the coupon rate? 4.15 percent 3.20 percent 3.34 percent 2.95 percent 3.70 percent Step by Step Solution
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Investments Analysis And Management
Authors: Charles Jones, Nick Jones
11th Edition
0470477121, 9780470477120
