Question: Tanger Ltd . ' s outstanding bonds have a $ 1 , 0 0 0 par value, and they mature in 1 0 years. The
Tanger Ltds outstanding bonds have a $ par value, and they mature in years. The annual yield to maturity is However coupon is paid semiannually, and they sell at a price of $ What is the bond's annual coupon interest rate?
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