I need the solution to solve this problem. preferably excel or HP 10bii financial calculator.
Posted: Thu May 19, 2022 6:34 am
I need the solution to solve this problem. preferably excel or HP 10bii financial calculator.
Ouestion 4 Not yet answered Marked out of 2.00 What is the coupon rate for the following bond? Par value: $1,000 Interest rate: 9% Years to maturity: 15 years Current market price: $950 The coupon payments are paid semiannually. Select one: O a. 8.3861% O b. 8.1124% O c. 8.5521% O d. 7.9077%
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