Question
Suppose a five-year, $1,000 bond with annual coupons has a price of $903.04 and a yield to maturity of 6.3%. What is the bond's coupon
Suppose a five-year, $1,000 bond with annual coupons has a price of $903.04 and a yield to maturity of 6.3%. What is the bond's coupon rate?
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Banking With Integrity The Winners Of The Financial Crisis
Authors: Dr Heiko Spitzeck , Dr Michael Pirson, Dierksme , Dr. Heiko Spitzeck , Prof. Claus Dierksmeier, Dr. Michael Pirson
1st Edition
0230289959,0230346499
