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4 years ago the market interest rate was 10% APR. Today, the bond has 8 years to maturity with an annual coupon rate of 12%

4 years ago the market interest rate was 10% APR. Today, the bond has 8 years to maturity with an annual coupon rate of 12% with semi annual payments. If the current price of the bond is $1,140 what do you inow about the market interest rate today?

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