A 1000 face value bond is currently quoted at 1012 the bond


A $1,000 face value bond is currently quoted at 101.2. The bond pays semiannual payments of $28.50 each and matures in six years. What is the coupon rate?

5.63 percent

2.72 percent

5.70 percent

2.85 percent

5.00 percent

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Financial Management: A 1000 face value bond is currently quoted at 1012 the bond
Reference No:- TGS01115315

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