Question: please type your detailed work in the space provided. Show each and every detail computation on the problems. T o show your work use either

please type your detailed work in the space provided. Show each and every detail computation on the problems. To show your work use either formula or financial calculator. If you use a financial calculator, write down each and every keystroke.

A bond has a face value of $1,000, a market price of $1,102, and pays $35 in interest every six months. What is the coupon rate

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