Question
What is the amount of the annual coupon payment for a bond that has 6 years until maturity, sells for $1,050, and has a yield
What is the amount of the annual coupon payment for a bond that has 6 years until maturity, sells for $1,050, and has a yield to maturity of 9.37%?
a. $95.27
b. $101.38
c. $98.64
d. $104.97
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The Essentials Of Machine Learning In Finance And Accounting
Authors: Mohammad Zoynul Abedin, M. Kabir Hassan, Petr Hajek, Mohammed Mohi Uddin
1st Edition
0367480816, 978-0367480813
