Suppose a five-year 1000 bond with annual coupons has a


The yield to maturity of a $1,000 bond with a 7.4% coupon rate, semiannual coupons, and two years to maturity is 8.9% APR, compounded semiannually. What is its price?

Suppose a five-year, $1,000 bond with annual coupons has a price of $897.95 and a yield to maturity of 5.6%. What is the bond's coupon rate?

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Financial Management: Suppose a five-year 1000 bond with annual coupons has a
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