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    rgcuevas's Avatar
    rgcuevas Posts: 3, Reputation: 1
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    Feb 20, 2011, 05:15 PM
    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?
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    rgcuevas Posts: 3, Reputation: 1
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    Feb 20, 2011, 05:15 PM

    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?
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    rgcuevas Posts: 3, Reputation: 1
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    Feb 20, 2011, 05:16 PM
    [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?
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    #4

    Nov 22, 2013, 09:28 AM
    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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