already answered this question for you in a previous post.
Answer:
6.32%
Explanation:
Bonds yield amount = $1,030 × 6.14% = $63.242
Coupon rate = Bond yield amount ÷ Par value of the bond = $63.242 ÷ $1,000 = 0.063242, or 6.32%
Therefore, the coupon rate on the bonds must be 6.32%.
DONT PRESS THAT LINK IVE SEEN IT EVERYWHERE
The net present value would be zero.
Hope this helped! :)
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