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A 23-year, semiannual coupon bond sells for $981.73. The bond has a par value of $1,000 and a yield to maturity of 6.81 percent. What

image text in transcribedA 23-year, semiannual coupon bond sells for $981.73. The bond has a par value of $1,000 and a yield to maturity of 6.81 percent. What is the bond's coupon rate?

A 23-year, semiannual coupon bond sells for $981.73. The bond has a par value of $1,000 and a yield to maturity of 6.81 percent. What is the bond's coupon rate? Multiple Choice 3.33% 5.99% 6.65% 4.99%

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