Find the coupon rate and the bond
A 10-year $1,000 par value bond pays semi-annual coupons. Each coupon payment is for $40. YTM is 8% APR, compounded semi-annually. Find the coupon rate and the bond price.
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a 10-year 1000 par value bond pays semi-annual coupons each coupon payment is for 40 ytm is 8 apr compounded
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