Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Ask your questions and receive precise answers from experienced professionals across different disciplines. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

abc inc. just issued a twenty-year semi-annual coupon bond at a price of $1,000. the face value of the bond is $1,000, and the market interest rate is 9%. what is the bond's coupon rate?