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A $15000 bond is redeemable at par in 8 years. When the yield rate is j12=9%, the purchase price is $10733.85 .What is the coupon

A $15000 bond is redeemable at par in 8 years. When the yield rate is j12=9%, the purchase price is $10733.85 .What is the coupon rate , j12?

Ans: 4.00000282431481

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