The coupon rate is 625pa with coupons paid quarterly what
Polycorp debentures are selling for $104 (FV = 100) and mature in ten years. The coupon rate is 6.25%pa, with coupons paid quarterly. What is the effective annual yield on the debentures?
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polycorp debentures are selling for 104 fv 100 and mature in ten years the coupon rate is 625pa with coupons paid
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