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Suppose a 5 -year, $ 1,000 bond with annual coupons has a price of $850 and a yield to maturity of 6 % . What
Suppose a 5 -year, $ 1,000 bond with annual coupons has a price of $850 and a yield to maturity of 6 % . What is the bond's coupon rate?
The coupon rate is %? (Round to two decimal places.)
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How To Value Buy Or Sell A Financial Advisory Practice
Authors: Mark C. Tibergien, Owen Dahl
1st Edition
1576601749, 978-1576601747
