What is the coupon rate, A bond has a face value of $1,000,

What is the coupon rate

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A bond has a face value of $1,000, a market price of $1,112, and pays $45 in interest every six months. What is the coupon rate?

Reference no: EM13273217

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What is the coupon rate : A bond has a face value of $1,000, a market price of $1,112, and pays $45 in interest every six months. What is the coupon rate?

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