What coupon rate must the bond offer


Question 1: Bond Pricing. If Circular File wants to issue a new 6-year bond at face value, what coupon rate must the bond offer?

Question 2: Bond Pricing. A 6-year Circular File bond pays interest of $80 annually and sells for $950. What is its coupon rate, current yield, and yield to maturity?

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Finance Basics: What coupon rate must the bond offer
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