A 20 year corporate bond has a coupon rate of 9 paid semi


A 20 year corporate bond has a coupon rate of 9% paid semi annually, a par value of $1000 and a quoted price of 102. What is the bond effective annual rate?

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Financial Management: A 20 year corporate bond has a coupon rate of 9 paid semi
Reference No:- TGS01735143

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