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1: A bond has a coupon rate of 6.6% and pays coupons annually. The bond matures in 5 years and the yield to maturity on

1: A bond has a coupon rate of 6.6% and pays coupons annually. The bond matures in 5 years and the yield to maturity on similar bonds is 9.4%. What is the price of the bond? 2:A bond pays a coupon of $41 twice a year. What is the coupon rate? Answer as a percent.

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