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Homework answers / question archive / Consider the following bond where the coupons are paid semi-annually,  Bond HSBC Price $957

Consider the following bond where the coupons are paid semi-annually,  Bond HSBC Price $957

Finance

Consider the following bond where the coupons are paid semi-annually, 
Bond HSBC Price $957.25 IYTM 3% Nears to maturity 5 years 
What is the coupon rate of this bond? Enter your answer as a percentage. Do not enter the percentage sign in your answer. 
Enter your response below. Enter your answer rounded to 2 DECIMAL PLACES. 
Number 
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