Question: Question 38 (2.5 points) AB Builders has 15-year bonds outstanding with a face value of $1,000 and a market price of $974. The bonds pay
Question 38 (2.5 points) AB Builders has 15-year bonds outstanding with a face value of $1,000 and a market price of $974. The bonds pay interest annually and have a yield to maturity of 4.59 percent. What is the coupon rate? 3.65 percent 3.80 percent 4.20 percent 4.35 percent
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