Treasury bonds with 13 years left til maturity is currently quoted as 90:2. If the bond has
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Treasury bonds with 13 years left til maturity is currently quoted as 90:2. If the bond has a YTM of 3.2% and makes semiannual payments with a face value of $1,000, what is the annual coupon rate?
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1260153590
12th edition
Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan
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