What is the coupon rate of this bond

Reference no: EM133368552

Consider the following bond where the coupons are paid semi-annually,

Bond	Bank of Montreal
Price	$950.50
YTM	9%
Years to maturity	7 years

What is the coupon rate of this bond? Enter your answer as a percentage. Do not enter the percentage sign in your answer.

Enter your response below. Enter your answer rounded to 2 DECIMAL PLACES.

Reference no: EM133368552

Questions Cloud

How much equity must you put in the account : You sell short 400 shares of stock at $152.98 per share. If the initial margin requirement is 49%, how much equity must you put in the account?

Connections between historical developments and process : Identify patters among or connections between historical developments and process: Identify an economic change in the period of 1750 - 1900?

How much can he withdraw every year in retirement : how much money he will have in his savings when he retires at the age of 65? Points: If Sam Chooses option 2, how much money will he have in his savings

Why do you think history of chinese exclusion matters today : Why do you think the history of Chinese exclusion matters today? What lessons should we as a nation or as a society draw from it?

What is the coupon rate of this bond : What is the coupon rate of this bond? Enter your answer as a percentage. Do not enter the percentage sign in your answer. Enter your response below.

Explaining the significance of the spanish language : The significance of the Spanish language In the writings of Dr. Jose P. Rizal particularly his two novels in terms of his 'imagination' of the Filipino nation?

Provide a detailed explanation of the process of choosing : provide a detailed explanation of the process of choosing an underwriter and the types of underwriting (Firm commitment, Best effort, and dutch Auction)

Describe one feature of nationalism in period : Explain ONE political development in the period 1750-1900 that helped spread nationalism. Describe ONE feature of nationalism in the period 1750-1900.

European exploration and colonization of the new world : You have read about the reasons for European exploration and colonization of the New World and the effects that the discovery of North and South America

User Account

All Pages