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Suppose a​ five-year, $1,000 bond with annual coupons has a price of $897.84 and a yield to maturity of 6.4%. What is th

Posted: Mon Mar 21, 2022 4:33 pm
by answerhappygod
Suppose a​ five-year,
$1,000
bond with annual coupons has a price of
$897.84
and a yield to maturity of
6.4%.
What is the​ bond's coupon​ rate?