Solvent insurance inc issued a 10 year bond 3 years ago the
Solvent Insurance, Inc issued a 10 year bond 3 years ago. The bonds are currently selling for 95% of par value, with a YTM of 6%. What is the coupon rate of the bond? Please explain!
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solvent insurance inc issued a 10 year bond 3 years ago the bonds are currently selling for 95 of par value with a ytm
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