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A 6 - year Circular File bond with face value of $ 1 , 0 0 0 pays interest once a year of $ 7
A year Circular File bond with face value of $ pays interest once a year of $ and sells for $
a What are its coupon rate and yield to maturity?
Note: Do not round intermediate calculations. Enter the coupon rate as a whole percent and the yield to maturity as a percent rounded to decimal places.
tableCoupon rate,,
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