Bond Prices and Yields - Salisbury University

To find the coupon rate on the bond, set the semiannual coupon payment, $45, equal to the product of the coupon rate and face value of the bond, divided by two. Semiannual Coupon Payment = (Coupon Rate ( Face Value) / 2. $45 = (Coupon Rate ( $1,000) / 2. $90 = Coupon Rate ( $1,000. $90 / $1,000 = Coupon Rate. 0.09 = Coupon Rate ................
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