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Business, 20.02.2020 04:01 coolsoftball2002
Cold Boxes Ltd. has 100 bonds outstanding (maturity value = $1,000). The nominal required rate of return on these bonds is currently 10 percent (Kd), and interest is paid semiannually. The bonds mature in 5 years, and their current market value is $768 per bond.
What is the annual coupon interest rate?
a.8%
b.6%
c.4%
d.2%
e.0%
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Cold Boxes Ltd. has 100 bonds outstanding (maturity value = $1,000). The nominal required rate of re...
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