Question
What is the investor required rate of return for a semi-annual coupon paying bond if the bond has 8 year until maturity, sells for 1,150
What is the investor required rate of return for a semi-annual coupon paying bond if the bond has 8 year until maturity, sells for 1,150 and has a coupon of 10% (1000 par value)?
A.3.7%
B.5.8%
C.2.9%
D.7.4%
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Guardians Of Finance
Authors: James R. Barth, Gerard Caprio, Ross Levine
1st Edition
0262526840, 978-0262526845
