Determining the coupon rate of a two-year


What is the coupon rate of a two-year, $10,000 bond with semiannual coupons and a price of $9543.45, if it has a yield to maturity of 6.8%?

A) 4.32%

B) 5.60%

C) 6.25%

D) 8.44%

Solution Preview :

Prepared by a verified Expert
Finance Basics: Determining the coupon rate of a two-year
Reference No:- TGS0675515

Now Priced at $5 (50% Discount)

Recommended (93%)

Rated (4.5/5)