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What is the coupon rate of a eight-year, $5,000 bond with semiannual coupons and a price of $4,379.52 if it has a yield to maturity
What is the coupon rate of a eight-year, $5,000 bond with semiannual coupons and a price of $4,379.52 if it has a yield to maturity of 8%?
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Corporate Finance
Authors: Jonathan Berk and Peter DeMarzo
3rd edition
978-0132992473, 132992477, 978-0133097894
