A 5 year semiannual coupon bond with a face value of $1,000 trades at $938. The market-determined

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A 5 year semiannual coupon bond with a face value of $1,000 trades at $938. The market-determined discount rate is 9%. What is the coupon rate? Answer in percent and round to two decimal places.

Posted Date: Jun 09, 2024 11:10 AM

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A 5 year semiannual coupon bond with a face value of $1,000 trades at $938. The market-determined

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