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A 22-year, semiannual coupon bond sells for $965.18. The bond has a par value of $1,000 and a yield to maturity of 6.96 percent. What
A 22-year, semiannual coupon bond sells for $965.18. The bond has a par value of $1,000 and a yield to maturity of 6.96 percent. What is the bond's coupon rate? Multiple Choice 6.32% 5.98% 6.65% 4.99% 3.32%
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