Question
Use the information given in the following table for an bond, what is the coupon rate of the bond? Today is February 20, 2020 .
Use the information given in the following table for an bond, what is the coupon rate of the bond?
Today is February 20, 2020.
| Type | Issue date | Price | Coupon rate | Maturity date | YTM | Current yield | Rating |
| Bond | February 20, 2003 | $1,035.53 | ------ | August 20, 2024 | 10% | --- | AA |
Assume semi-annual interest payments and a par value of the bond of $1,000.
The coupon rate of the bond is:
|
| 6.00% |
|
| 7.00% |
|
| 8.00% |
|
| 9.00% |
|
| 10.00% |
|
| 11.00% |
|
| 12.00% |
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Securitisation Derivatives A Practioner's Handbook
Authors: Mark Aarons, Vlad Ender, Andrew Wilkinson
1st Edition
1119532272, 978-1119532279
