Question: Use the information given in the following table for an bond, what is the coupon rate of the bond? Today is February 2 0 ,
Use the information given in the following table for an bond, what is the coupon rate of the bond?
Today is February
tableTypeIssue date,Price,Coupon rate,Maturity date,YTMCurrent yield,RatingBondFebruary August AA
Assume semiannual interest payments and a par value of the bond of $
The coupon rate of the bond is:
$
$
$
$
$
$
$
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