Business, 23.08.2020 01:01 tlgbulldog38
A bond has a par value of $1,000, a current yield of 6.453 percent, annual interest payments, and 8 years to maturity. The bond quote is $929.76. What is the amount of each coupon payment?
a. $30.00
b. $32.27
c. $60.00
d. $62.50
e. $64.53
Answers: 1
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A bond has a par value of $1,000, a current yield of 6.453 percent, annual interest payments, and 8...
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