Respuesta :

Answer:

8%

Explanation:

we can use the approximate yield to maturity formula to calculate the coupon rate:

YTM = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

0.06 = {coupon + [(1,000 - 1,053.46) / 3]} / [(1,000 + 1,053.46) / 2]

0.06 x 1,026.73 = coupon - 17.82

61.6038 + 17.82 = coupon

79.42 = coupon

since this is just an approximation, I would guess that the coupon rate is 8%, instead of 7.94%