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(1 point) A $20000 bond is redeemable at par in 7 years. When the yield rate is j2 = 9%, the purchase price is $15297.50

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(1 point) A $20000 bond is redeemable at par in 7 years. When the yield rate is j2 = 9%, the purchase price is $15297.50 what is the coupon rate, j2? Answer: %

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