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Question 4 - Coupon Rate [2 points]: What is the coupon rate of a two-year, $1,000 bond with semiannual coupons and a price of $954.35,
Question 4 - Coupon Rate [2 points]: What is the coupon rate of a two-year, $1,000 bond with semiannual coupons and a price of $954.35, if it has a yield to maturity of 6.8%?
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Intermediate Financial Theory
Authors: Jean-Pierre Danthine, John B. Donaldson
3rd Edition
0123865492, 9780123865496
