Question
You own a 9.08 percent coupon bond with a maturity value of $9,366. How much will you receive every six months as an interest payment?
You own a 9.08 percent coupon bond with a maturity value of $9,366. How much will you receive every six months as an interest payment?
Please format answer as a number with 2 decimal places.
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Fundamentals Of Investments Valuation And Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
9th Edition
1260013979, 9781260013979
