2) A 10 year bond with 5 years remaining is sold at a discoung of $4.12 .If the face and redemption values of the bond are both equal to $1000 and the yield on the bond is 6% per annum,what is the coupon rate? 3)For the bond in question 2 if the book value of the bond with 4 years remaining was $965.3 what was the interest payment in the seventh year ?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
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2) A 10 year bond with 5 years remaining is sold at a discoung of $4.12 .If the face and redemption values of the bond are both equal to $1000 and the yield on the bond is 6% per annum,what is the coupon rate?

3)For the bond in question 2 if the book value of the bond with 4 years remaining was $965.3 what was the interest payment in the seventh year ?

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