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6 pts Suppose a five - year , $ 1 , 0 0 0 bond with annual coupons has a price of $ 8 9

6

pts Suppose a five

-

year

,

1, 000

bond with annual coupons has a price of $

897.39

and a yield to maturity of

5.8 % .

What is the bond's coupon rate

? 1688

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