Question
Suppose a five-year, $1 000 bond with annual coupons has a price of $902.16 and a yield to maturity of 6.3%. What is the
Suppose a five-year, $1 000 bond with annual coupons has a price of $902.16 and a yield to maturity of 6.3%. What is the bond's coupon rate? The bond's coupon rate is %. (Enter your response as a percent rounded to three decimal places.)
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Fundamentals of Futures and Options Markets
Authors: John C. Hull
8th edition
978-1292155036, 1292155035, 132993341, 978-0132993340
