Business, 08.11.2019 21:31 xxkeyxx51

The market price of a 10-year, $1,000 bond is $1,158.91. interest on this bond is paid semiannually and the ytm is 14%. what is the bond’s annual coupon rate? (round your answer to the nearest percent.)

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The market price of a 10-year, $1,000 bond is $1,158.91. interest on this bond is paid semiannually...