What is the bonds annual coupon interest rate


You have an outstanding bond for $1000 par value and they matuer in 5 years. Their yeild to maturity is 9% based on semiannual compunding and the current market price is $853.61. The bonds have apar value of $1000/  what is the obnds annual coupon interest rate?

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Finance Basics: What is the bonds annual coupon interest rate
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