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Suppose a five-year, $1,000 bond with annual coupons has a price of $896.89 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 $896.89 and a yield to maturity of 6.3% What is the bond's coupon rate? round three decimal places?
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Fundamentals Of Financial Planning
Authors: Michael A Dalton, Joseph Gillice
3rd Edition
1936602091, 9781936602094
