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Business, 15.10.2019 17:30 gwynolegario

A$1,000 face value bond currently has a yield to maturity of 6.03% . the bond matures in thirteen years and pays interest. ab builders has 15-year bonds outstanding with a face value of $1,000 and a market price of $974. the bonds pay interest annually and have a yield to maturity of 4.03 percent. what is the coupon rate?

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