Suppose a 5-year 1000 bond with annual coupons has a price


Question - Suppose a 5-year, $1,000 bond with annual coupons has a price of $1,000 and a yield to maturity of 6%. What is the bond's coupon rate?

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Accounting Basics: Suppose a 5-year 1000 bond with annual coupons has a price
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