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4 A semi-annual coupon bond has 17 years left to maturity, face value of $1000 and yield to maturity of 6.92 percent. The bond is

A semi-annual coupon bond has 17 years left to maturity, face value of $1000 and yield to maturity of 6.92 percent. The bond is currently priced at $846.47. Calculate the bond's coupon rate.

2.68%

6.61%

5.37%

3.41%

6.82%

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