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What is the bond coupon rate for riverhawk promotions

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Reference no: EM132592682

Question 1: Riverhawk Promotions Corporation has a bond outstanding with a market price of $1,136.00. The bond has 4.5 years to maturity, pays interest semiannually, and has a yield to maturity of 9.47%. What is the bond's coupon rate?

Reference no: EM132592682

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