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Suppose a 30-year bond is selling at $1000 and the discount rate is 6%. What is the coupon rate (Assume par value is $1000 and
Suppose a 30-year bond is selling at $1000 and the discount rate is 6%. What is the coupon rate (Assume par value is $1000 and semiannual coupons)?
| 5% | ||
| 6% | ||
| 7% | ||
| Not enough information | ||
| 4% |
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Corporate Finance Theory And Practice
Authors: Aswath Damodaran
2nd Edition
0471283320, 9780471283324
