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question #19 What is the coupon rate of a eight-year, $10,000 bond with semiannual coupons and a price of $8,918.76, if it has a yield
question #19
What is the coupon rate of a eight-year, $10,000 bond with semiannual coupons and a price of $8,918.76, if it has a yield to maturity of 6.4%? O A. 3.722% B. 6.513% C. 5.582% D. 4.652%Step by Step Solution
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