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A 9-year bond pays interest of $27.30 semiannually, has a face value of $1,000, and is selling for $782.58. What are its annual coupon rate

A

9-year

bond pays interest of

$27.30

semiannually, has a face value of

$1,000,

and is selling for

$782.58.

What are its annual coupon rate and yield to maturity?

The annual coupon rate is

5.46%

(Round to two decimal places).The yield to maturity is

%.

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