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-   -   O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years (https://www.askmehelpdesk.com/showthread.php?t=556245)

  • Feb 20, 2011, 05:15 PM
    rgcuevas
    O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years
    O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years. Their nominal yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of $850. What is the bond's nominal (annual) coupon interest rate?
  • Feb 20, 2011, 05:15 PM
    rgcuevas

    O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years. Their nominal yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of $850. What is the bond's nominal (annual) coupon interest rate?
  • Feb 20, 2011, 05:16 PM
    rgcuevas
    [QUOTE=rgcuevas;2715456]

    O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years. Their nominal yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of $850. What is the bond's nominal (annual) coupon interest rate?
  • Nov 22, 2013, 09:28 AM
    rkabra
    O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years. Their nominal yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of $1075. What is the bond's nominal (annual) coupon interest rate?

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