What is the bonds nominal annual coupon interest
ABC Inc outstanding bonds have a 18-year maturity and $1,000 par value. Their nominal yield to maturity is 7.25%, they pay interest semiannually, and they sell at a price of $950. What is the bond's nominal (annual) coupon interest rate?
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lycan inc has 73 percent coupon bonds on the market that have 7 years left to maturity the bonds make annual payments
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