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You own a bond with a 1,000 face value and a market price of 1,050 and coupon payments of 80.20 every year. What is the
You own a bond with a 1,000 face value and a market price of 1,050 and coupon payments of 80.20 every year. What is the coupon rate?
| A. | 6.76% |
| B. | 7.00% |
| C. | 7.12% |
| D. | 8.02% |
| E. | 8.14% |
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
77861612, 1259194078, 978-0077861612, 978-1259194078
