The bond has 45 years to maturity pays interest


Riverhawk Promotions Corporation has a bond outstanding with a market price of $1,136.00. The bond has 4.5 years to maturity, pays interest semiannually, and has a yield to maturity of 9.47%. What is the bond's coupon rate?

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Finance Basics: The bond has 45 years to maturity pays interest
Reference No:- TGS02492708

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