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Posted on May 18, 2024

A bond has a par value of $ 1 0 0 0 , is trading at $ 1 1 0 0 , and pays a

A bond has a par value of $

1000,

is trading at $

1100,

and pays a $

80

coupon. Similar bonds are yielding

6 % .

The coupon rate of the bond is

% .

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