A corporate bond matures in 10 years and sells for 94015 it


A corporate bond matures in 10 years and sells for $940.15. It has a coupon rate of 3.15 percent and a yield of 5.67 percent. What is unusual about the bond?

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Finance Basics: A corporate bond matures in 10 years and sells for 94015 it
Reference No:- TGS0632010

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