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A 9-year bond pays interest of $28.90 semiannually, has a face value of $1,000, and is selling for $780.10. What are its annual coupon rate

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A 9-year bond pays interest of $28.90 semiannually, has a face value of $1,000, and is selling for $780.10. What are its annual coupon rate and yield to maturity? The annual coupon rate is %. (Round to two decimal places)

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