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A 25-year Treasury bond is issued with face value of $1,000, paying interest of $56 per year. If market yields increase shortly after the T-bond

A 25-year Treasury bond is issued with face value of $1,000, paying interest of $56 per year. If market yields increase shortly after the T-bond is issued, what is the bond's coupon rate? (Enter your answer as a percent rounded to 1 decimal place.)

coupon rate __________%

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