Question
Treasury bonds paying an 7.25% coupon rate with semiannual payments currently sell at par value. What coupon rate would they have to pay in order
| Treasury bonds paying an 7.25% coupon rate with semiannual payments currently sell at par value. What coupon rate would they have to pay in order to sell at par if they paid their coupons annually? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Coupon rate | % |
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The Emotion Behind Money Building Wealth From The Inside Out
Authors: Julie M. Murphy
1st Edition
979-8598954188
