Business, 17.01.2020 21:31 ob3ymysins
The current price of a 10-year bond, $1000 par value bond is $1.158,91. interest on this bond is paid every six months, and the nominal annual yield is 14%. given these facts, what is the annual coupon rate on this bond? select one:
a. 10%
b. 12%
c. 14%
d. 17%
Answers: 2
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