The bond pays semiannual payments of 2250 each and matures


A $1,000 face value bond is currently quoted at 100.8. The bond pays semiannual payments of $22.50 each and matures in 6 years. What is the coupon rate?

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Finance Basics: The bond pays semiannual payments of 2250 each and matures
Reference No:- TGS02770089

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