Suppose that a bond is trading at a price of 940 what is
Suppose that a bond is trading at a price of $940. This bond has 20 years to maturity and pays coupon interest annually. The market rate of interest for such as bond is 11% p.a. What is the coupon rate for this bond?
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suppose that a bond is trading at a price of 940 this bond has 20 years to maturity and pays coupon interest annually
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