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23-05-2023
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Boston Celtics has a bond outstanding with yield to maturity of 16.4% which is trading at $912.00 the bond makes semiannual payment has 17 year maturity and it was issued 2 years ago. given this information what's Boston Celtics bond coupon rate?
a. 7.04
b. 7.40
c. 10.04
d/14.80
e. 16.40

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