Business
Business, 20.02.2020 04:01, coolsoftball2002

Cold Boxes Ltd. has 100 bonds outstanding (maturity value = $1,000). The nominal required rate of return on these bonds is currently 10 percent (Kd), and interest is paid semiannually. The bonds mature in 5 years, and their current market value is $768 per bond.

What is the annual coupon interest rate?

a.8%

b.6%

c.4%

d.2%

e.0%

answer
Answers: 1

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Cold Boxes Ltd. has 100 bonds outstanding (maturity value = $1,000). The nominal required rate of re...

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