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A $1,000 par bond with a semi-annual coupon and 12 years to maturity is currently priced $880 and has a yield to maturity of 5.37%.

A $1,000 par bond with a semi-annual coupon and 12 years to maturity is currently priced $880 and has a yield to maturity of 5.37%. What is the bonds coupon rate? A. 9.33% B. 4.00% C. 2.00% O D. 2.60%

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