Question: A 2 5 - year Treasury bond is issued with face value of $ 1 . 0 0 0 . paying interest of $ 6
A year Treasury bond is issued with face value of $ paying interest of $ per year. If market yields increase shortly after the Tbond is issued, what is the bond's coupon rate?
Note: Enter your answer as a percentage rounded to decimal place.
Coupon rate
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