Firm A ' s bonds have a $ 1 , 0 0 0 face value, and they

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Question:

Firm A

'

s bonds have a $

1, 000

face value, and they mature in

18

years. Their yield to maturity is

7.62 %,

they pay interest semiannually, and they sell at a price of $

928 .

What is the bond

s coupon rate?

Posted Date: May 18, 2024 11:20 PM

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Firm A ' s bonds have a $ 1 , 0 0 0 face value, and they

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