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4 EXAMPLE #4 Gamma Corporation bonds are selling for $1.386.09. They have a face value of $1,000 and a current yield of 7.2145%. If the

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4 EXAMPLE #4 Gamma Corporation bonds are selling for $1.386.09. They have a face value of $1,000 and a current yield of 7.2145%. If the YTM is 5%, interest is paid annually. and the bond has 10 years to maturity, what is the coupon rate? 46

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