contestada

Suppose a​ five-year, bond with annual coupons has a price of and a yield to maturity of . what is the​ bond's coupon​ rate?

Respuesta :

The bond's coupon rate with an annual coupon that has a price of $903.35 and the yield to maturity will be 3.33%.

How to calculate the coupon rate?

It should be noted that the formula for calculating the coupon rate is given as:

= Annual coupon / Face value

From the complete question, the annual coupon is $33.30 and the face value is $1000. Therefore, the coupon rate will be:

= Annual coupon / Face value

= 33.30/1000

= 3.33%

Learn more about coupon rate on:

https://brainly.com/question/7459025