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 TypeIssue datePriceCoupon rateMaturity dateYTMCurrent yieldRatingBondAugust $August AA Assume semiannual interest payments and a par value of the bond of $ The coupon rate of the bond is: Question options:
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