Business, 10.03.2020 02:02 nicollexo21
A coupon bond with 12 years remaining to maturity has a yield to maturity of 6% and a face value of $1,000 that is returned to the bondholder at maturity. The bond has a current price of $820.
Which of the following comes closest to the coupon payment of this bond?
A) $32.98 B) $38.53 C) $40.92 D) $43.30 E) $45.69
Answers: 2
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A coupon bond with 12 years remaining to maturity has a yield to maturity of 6% and a face value of...
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