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4. A 5 year semiannual coupon bond with a face value of $1,000 trades at $876. The market-determined discount rate is 8%. What is the

4. A 5 year semiannual coupon bond with a face value of $1,000 trades at $876. The market-determined discount rate is 8%. What is the coupon rate? Answer in percent and round to two decimal places.

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