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What is the coupon rate of an annual bond that has a yield to maturity of 8.5%, a current price of $942.32, a par value
What is the coupon rate of an annual bond that has a yield to maturity of 8.5%, a current price of $942.32, a par value of $1,000 and matures in thirteen years? A) 7.67% B) 7.75% C) 8.33% D) 8.50% how you get the
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