question archive A bond maturing in fifteen years has a a current price of $825
A bond maturing in fifteen years has a a current price of $825
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A bond maturing in fifteen years has a a current price of $825.65, yield to maturity of 9.25%, a face value of $1,000. What is the coupon rate of an annual bond?
Select one: A. 7.92% B. 7.35% C. 7.06% D. 7.57%
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