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    hotboy311's Avatar
    hotboy311 Posts: 1, Reputation: 1
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    Jan 31, 2012, 04:51 PM
    Formula coupon rate of bond?
    Large Industries bonds sell for $1,106.15. The bond life is 14 years, and the yield to maturity is 5.4%. What must be the coupon rate on the bonds.
    Brandy24's Avatar
    Brandy24 Posts: 1, Reputation: 1
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    Apr 22, 2012, 12:36 PM
    7.46

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