What is the bonds couponrate

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Suppose a five-year, $ 1 comma 000$1,000 bond with annual coupons has a price of $ 896.46$896.46 and a yield to maturity of 6.2 % 6.2%. What is the bond's coupon rate? The bond's coupon rate is nothing%. ?(Round to three decimal places.)

Reference no: EM131300185

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