Question: can you show how to do it by using the equestion and not the finacial calculator 5. AB Builders, Inc., has 17-year bonds outstanding with
5. AB Builders, Inc., has 17-year bonds outstanding with a par value of $2,000 and a quoted price of 100.882. The bonds pay interest semiannually and have a yield to maturity of 6.59 percent. What is the coupon rate
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