Question: Question 11 (2 points) OCR Ltd. issued one hundred $1,000 face value bonds. This bond's current market value of $780 will give a YTM of
Question 11 (2 points) OCR Ltd. issued one hundred $1,000 face value bonds. This bond's current market value of $780 will give a YTM of 9%. Interest payments are made every six months. The bonds mature in 6 years. What is the coupon rate of these bonds? A) 3.57% OB) 2.09% OC) 4.17% OD) 1.92% E) 3.83%
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