b. What is the coupon rate for the following bond? (Round to two decimal places.) Par Value $1,000.00 Coupon Rate % Years to Maturity 30 Yield to Maturity 11% Price $739.19 Coupon Frequency annual

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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b. What is the coupon rate for the following bond? (Round to two decimal places.)
Par Value
$1,000.00
Coupon
Rate
%
Years to
Maturity
30
Yield to
Maturity
11%
Price
$739.19
Coupon
Frequency
annual
Transcribed Image Text:b. What is the coupon rate for the following bond? (Round to two decimal places.) Par Value $1,000.00 Coupon Rate % Years to Maturity 30 Yield to Maturity 11% Price $739.19 Coupon Frequency annual
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