Question: i need the process and the answer, thank you! A $1000 n-year bond with semi-annual coupons is purchased at a discount of $84.47 to yield
i need the process and the answer, thank you!
A $1000 n-year bond with semi-annual coupons is purchased at a discount of $84.47 to yield j2 = 8%. If the bond matures at 110 and 22n|0.04 = 9.385, what is the bond coupon? O A. $35 O B. $53 O C. $49 D. $31
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