Mathematics

Mathematics, 06.01.2021 20:10, ladybugys

a bond with 23 years to maturity is selling for $991 and has a yield of maturity of 8.12 percent. If this bond pays it coupon payments semi annually and par value is 1000, what is the bonds annual coupon rate?

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a bond with 23 years to maturity is selling for $991 and has a yield of maturity of 8.12 percent. If...

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