Business, 31.03.2020 04:03 taylordalton93

You are purchasing a 20-year, semi-annual bond with a current market price of $973.64. If the yield to maturity is 8.68 percent and the face value is $1,000, what must the coupon payment be on the bond

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You are purchasing a 20-year, semi-annual bond with a current market price of $973.64. If the yield...