### What are its annual coupon rate and yield to? maturity

##### Reference no: EM132234696

A 11?-year bond pays interest of \$ 27.90 ?semiannually, has a face value of \$ 1,000 and is selling for \$ 799.34 What are its annual coupon rate and yield to? maturity?

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Consider a risk averse firm who is facing an uncertain output price. Without using math, show the effect of an increase in the variance of the price of the output on the opt

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