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A bond has a par value of $1,000, a current yield of 779 percent, and semiannual coupon payments. The bond is quoted at 10117. What

A bond has a par value of $1,000, a current yield of 779 percent, and semiannual coupon payments. The bond is quoted at 10117. What is the coupon rate of the bond? Multiple Choice 7.79% 8.87% 15.76% 7.88% 15.58%

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