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A 5-year $1,000 face value coupon bond is currently sold at $109. Assume the yield to maturity of this coupon bond is 12.37% and the

A 5-year $1,000 face value coupon bond is currently sold at $109. Assume the yield to maturity of this coupon bond is 12.37% and the coupon bond pays the interest payment annually.

What is the annual coupon rate of the bond?

Please round your answer to the fourth decimal. E.g. 0.1234

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