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A 19-year, semiannual coupon bond sells for $955.25. The bond has a par value of $1,000 and a yield to maturity of 7.05 percent. What
A 19-year, semiannual coupon bond sells for $955.25. The bond has a par value of $1,000 and a yield to maturity of 7.05 percent. What is the bond's coupon rate? Multiple Choice a. 5.96% b.4.96% c. 6.29% d. 6.62% e. 3.31%
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