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What is the? bond coupon? rate

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Reference no: EM132645104

Suppose a? five-year, $1,000 bond with annual coupons has a price of $896.16 and a yield to maturity of 6.1%. What is the? bond's coupon? rate? The bond's coupon rate is __% (Round to three decimal places)

Reference no: EM132645104

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