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Bridge bonds series a dated 7-15-2005 4.375% due 7-15-2055 @100.00 what is the coupon interest rate of this bond?

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jepessoa

Answer:

The answer is: 4.375%

Explanation:

The issue date of this bond is 7/15/2005 and the maturity date is 7/15/2055.

The coupon interest rate is 4.375%. The coupon interest rate is how much interest the bond will yield. The coupon interest is calculated using the face value of the bond.

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