Business, 30.03.2020 19:17 meababy2009ow9ewa

The current price of a 10 year $1000 par value bond is $1158.91. Interest on this bond is paid every 6 months, and the nominal annual yield is 14%, Given these facts, what is the annual coupon rate on this bond

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The current price of a 10 year $1000 par value bond is $1158.91. Interest on this bond is paid every...