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A $100 bond with semi-annual coupons, redeemable at 105 in 8 years, can be purchased at a discount of $18.19 to yield j2 = 12%.
A $100 bond with semi-annual coupons, redeemable at 105 in 8 years, can be purchased at a discount of $18.19 to yield j2 = 12%. What is the bond coupon rate, j2
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