Question: how do i do this with a financial calculator? Moussawi Ltd's outstanding bonds have a $1,000 par value, and they mature in 8 years. Their
how do i do this with a financial calculator?
Moussawi Ltd's outstanding bonds have a $1,000 par value, and they mature in 8 years. Their yield to maturity is 7.5% and the current market price is $1,023.87. What is the bond's annual coupon rate? O 7.15% O 791% O 8.36% 8.42% 8.51%
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