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Finance Assignment | Professional Writing

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June 10th, 2020

A bond has a par value of $1,000, a current yield of 7.61 percent, and semiannual coupon payments. The bond is quoted at 105.32. What is the coupon rate of the bond?

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a. 16.03Homework Cheat Websites%

b. 7.61%

c. 9.02%

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d. 15,22%

e. 8.01%

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