If the following quotes are on September 15, 2012, what was the coupon rate for...
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Accounting
If the following quotes are on September 15, 2012, what was the coupon rate for the JD.VR bonds with $1,000 face values and semiannual payments?
| Company (Ticker) | Coupon | Maturity | Last Price | Last Yield | $ Vol. (000s) |
| Jim Doe (JD.VR) | ? | Sep 15, 2026 | 102.63 | 6.5 | 3,960 |
(Do not include the percent sign (%).Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
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