The boston clothing co has 1000 face value bond outstanding


The Boston Clothing Co. has $1,000 face value bond outstanding with a market price of $953. The bond pays interest annually, matures in 15 years, and has a yield to maturity of 7.8 percent. What is the coupon rate?

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Financial Management: The boston clothing co has 1000 face value bond outstanding
Reference No:- TGS01410545

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