Jackie has a bond with a 5.6% yield, a bid price of $975, and a face value of
$1000. What is the original coupon rate of this bond?
A. 5.6%
B. 5.5%
C. 5.2%
D. 5.8%
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Home » Mathematics » Jackie has a bond with a 5.6% yield, a bid price of $975, and a face value of $1000. What is the original coupon rate of this bond? A. 5.6% B. 5.5% C. 5.2% D. 5.8%