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Sunshine Company's 20-year bond that was issued 8 years ago is selling for $1234 and has a face value of $1000. If the YTM is
Sunshine Company's 20-year bond that was issued 8 years ago is selling for $1234 and has a face value of $1000. If the YTM is 5% what is the coupon rate?
| 8.03% | |
| 7.82% | |
| 7.64% | |
| 7.49% |
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The Evolution Of Nordic Finance
Authors: Steffen Elkiær Andersen
2011th Edition
0230241557, 978-0230241558
