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A $1,000 face value bond is currently quoted at 103.2. The bond pays semiannual payments of $15.95 each and matures in twelve years. What is

A $1,000 face value bond is currently quoted at 103.2. The bond pays semiannual payments of $15.95 each and matures in twelve years. What is the coupon rate? 3.29% 3.89% 3.19% 3.09%

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