Question: Fall 2 0 1 4 Exam 1 # 2 0 . Assume that a company has a 1 0 - year corporate bond that has

Fall 2014 Exam 1 #20. Assume that a company has a 10-year corporate bond that has a maturity value of $1,000 and a current price of $928.94. Also assume that this bond can be called in 5 years at a call price of $1,045, giving a nominal annual yield of 8.515469562 percent. Given this information, determine the semi-annual coupon being paid on this bond.
A. $20.00
B. $22.50
C. $25.00
D. $27.50
E. $30.00
 Fall 2014 Exam 1 #20. Assume that a company has a

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