Annual coupon interest rate

Reference no: EM1334296

Outstanding bonds have a $1,000 par value and will mature in 5 years, yield to maturity is 9%, based on seminannual compounding, and the current market price is $853.61, par value of $1000. What is the bonds's annual interest rate?

Reference no: EM1334296

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Annual coupon interest rate : Outstanding bonds have a $1,000 par value and will mature in 5 years, yield to maturity is 9%-Find out the bonds's annual interest rate?

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