Question: A 10 year Treasury bond is issued with face value of $1000, paying interest of $66 per year. If market ylelds increase shortly after the
A 10 year Treasury bond is issued with face value of $1000, paying interest of $66 per year. If market ylelds increase shortly after the T-bond is issued, what is the band's coupon rate? (Enter your answer as a percentage rounded to 1 decimal place.) Coupon
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