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Business, 27.02.2020 04:33 LaneyMM1401

A bond has yield to maturity of 7.15 percent; face value of $1,000; time to maturity of 11 years and pays coupons semiannually. If the price of the bond is $939.02, calculate the coupon rate of the bond.

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A bond has yield to maturity of 7.15 percent; face value of $1,000; time to maturity of 11 years and...

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