You are looking at Viacom bonds in which there remain 20 years to maturity. The current price of a $1,000 par bond is $1,101.72 and coupons are paid semi-annually in the amount of $38.50. What is the...

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You are looking at Viacom bonds in which there remain 20 years to maturity. The current price of a $1,000 par bond is $1,101.72 and coupons are paid semi-annually in the amount of $38.50. What is the coupon rate of these bonds?

Answered Same DayDec 23, 2021

Answer To: You are looking at Viacom bonds in which there remain 20 years to maturity. The current price of a...

Robert answered on Dec 23 2021
109 Votes
You are looking at Viacom bonds in which there remain 20 years to maturity. The current
price of a
$1,000 par bond is $1,101.72 and coupons are paid semi-annually in the amount
of $38.50. What is the coupon rate of these bonds?
7.70%
77.00
38.50
6.98
these are your answer...
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