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25. What is the coupon rate on a $1,000 par bond with 11 years to maturity trading at a price of $1,085 and trading at

25. What is the coupon rate on a $1,000 par bond with 11 years to maturity trading at a price of $1,085 and trading at a ayield of 6.3%, assuming the bond pays a semi-annual coupon? A. 8.15% B. 7.91% C. 7.38% D. 3.69%

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