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14. What is the coupon rate ofa ten-year $3,000 bond with quarterly coupons and a price of $3,450 if it has a yield to maturity

14. What is the coupon rate ofa ten-year $3,000 bond with quarterly coupons and a price of $3,450 if it has a yield to maturity of 3.5 % (APR)? PMT 165. 56 A) 1.321% B) 5.284% C) 5.304% D) 15.852%

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