Question
What is the coupon rate for a bond with a face value of $1,000, 9 years to maturity, a current price of $974, 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 $974, and a yield to maturity of 7%? Enter your answer as a percentage rounded to 2 decimal places. (An answer of 5.125% would be entered as 5.13).
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The Handbook Of International Trade And Finance
Authors: Anders Grath
4th Edition
0749475986, 978-0749475987
