Question
What is the coupon rate for a bond with a face value of $1,000, 9 years to maturity, a current price of $952, and a
What is the coupon rate for a bond with a face value of $1,000, 9 years to maturity, a current price of $952, and a yield to maturity of 4%?
Enter your answer as a percentage rounded to 2 decimal places.
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
5thEdition
0073382345, 9780073382340
