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Business & Finance
Tutor: None Selected Time limit: 1 Day

IBM Inc. bonds are trading today for $1472.45. The bond currently has 19 years until maturity and has a yield of maturity of 2.38%. The bond pays annual coupons and the next coupon is due in 1 year. What is the coupon rate of the bond?

Jul 7th, 2015

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Thank you for the opportunity to help you with your question!

12.75%.........................................................................

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Jul 7th, 2015

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Jul 7th, 2015

i watched how to handle it via a video....

Jul 7th, 2015

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