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Problem 6-33 Coupon Rates [LO 2] You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is
Problem 6-33 Coupon Rates [LO 2] You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15 , 2022. The bonds have a par value of $2,000 and semiannual coupons. What is the coupon rate for the Williams Company bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16
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