Suppose you are given the following bond quote information


Suppose you are given the following bond quote information: Time to maturity: 2 years Yield to maturity: 5% Price: $975 Par value: $1,000 Assuming semi-annual compounding, calculate the stated coupon rate for the bond. (Enter percentages as decimals and round to 4 decimals)

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Financial Management: Suppose you are given the following bond quote information
Reference No:- TGS02361825

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