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What is the coupon rate of a nine-year, $10,000 bond with semiannual coupons and a price of $8,010.75, if it has a yield to maturity
What is the coupon rate of a nine-year, $10,000 bond with semiannual coupons and a price of $8,010.75, if it has a yield to maturity of 7.3% ? A. 5.095% B. 4.246% C. 3.397% D. 5.944%
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
7th Edition
0073368717, 978-0073368719
