Question: Johns & Johns Inc. just issued a 5 - year, semi - annual coupon bond at a price of $ 1 , 2 3 2

Johns & Johns Inc. just issued a 5-year, semi-annual coupon bond at a price of $1,232.58. The par value of the bond is $1,000, and the YTM is 3% p.a. How much is the annual coupon rate?
Johns & Johns Inc. just issued a 5-year, semi-annual coupon bond

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