Question
Given the following information, what is the coupon rate of the bond?
Years to maturity: 25
Par value:
$1,000
Interest rate: 10%
Current market price$1,150
Coupon payments are made semiannually.
Finance
Question
Years to maturity: 25
Par value:
$1,000
Interest rate: 10%
Current market price$1,150
Coupon payments are made semiannually.
Finance