A 30-year treasury bond is issued with face value of 1000


A 30-year Treasury bond is issued with face value of $1,000, paying interest of $70 per year. If market yields increase shortly after the T-bond is issued, what is the bond's coupon rate? (Enter your answer as a percent rounded to 1 decimal place.)

Coupon rate

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Financial Management: A 30-year treasury bond is issued with face value of 1000
Reference No:- TGS02420781

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