A 20-year treasury bond is issued with face value of 1000


A 20-year Treasury bond is issued with face value of $1,000, paying interest of $68 per year. If market yields increase shortly after the T-bond is issued, what is the bond's coupon rate?

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Finance Basics: A 20-year treasury bond is issued with face value of 1000
Reference No:- TGS01464573

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