A semi-annual coupon bond has a face value of $1,000 and a coupon rate of 2.3%. Time
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A semi-annual coupon bond has a face value of $1,000 and a coupon rate of 2.3%. Time to maturity is 5 years and the current yield to maturity is 5.6%. What percentage of this bond's value comes from coupon payments?
Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
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