question archive A corporate bond has a coupon rate of 12%, a yield to maturity of 10
A corporate bond has a coupon rate of 12%, a yield to maturity of 10
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A corporate bond has a coupon rate of 12%, a yield to maturity of 10.55%, a face value of $1,000, and a market price of $850. Therefore, the annual interest payment is
$101.75
$102
$105.50.
$120.0
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Answer:
$120.00
Anuual interest payment is 12% on coupon.
Therefore interest is = 1,000*12%
=$120.00
