Moonbeam inc has a bond issue outstanding with a face value


Moonbeam, Inc. has a bond issue outstanding with a face value of $1,000 trading at $988.52. It makes a semiannual coupon payment, has a YTM of 6.31%, and will mature in 8.56 years. What is the coupon rate on this bond?

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Finance Basics: Moonbeam inc has a bond issue outstanding with a face value
Reference No:- TGS01407113

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