jillyfishloser4268 jillyfishloser4268
  • 08-11-2022
  • Business
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a bond with 14 years to maturity is selling for $1,070 and has a yield to maturity of 10.06 percent. if this bond pays its coupon payments semiannually and par value is $1,000, what is the bond's annual coupon rate?

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