Question
What is the coupon rate of a eight-year, $10,000 bond with semiannual coupons and a price of $8,222.36, if it has a yield to
What is the coupon rate of a eight-year, $10,000 bond with semiannual coupons and a price of $8,222.36, if it has a yield to maturity of 7.4%?
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ISE Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
12th International Edition
1260571157, 978-1260571158
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