FIN Q1

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A 10-year Circular File bond pays interest of $55 annually and sells for $984. What are its coupon rate and yield to maturity? (Do not round intermediate calculations. Round "Coupon rate" to 1 decimal place and "Yield to maturity" to 2 decimal places.)

 

  
  Coupon rate[removed] %  
  Yield to maturity[removed] %  
    • 7 years ago
    • 3
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