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A bond has a par value of $1,000, a current yield of 7.37 percent, and semiannual coupon payments. The bond is quoted at 98.44. What

A bond has a par value of $1,000, a current yield of 7.37 percent, and semiannual coupon payments. The bond is quoted at 98.44. What is the coupon rate of the bond? a)8.16% b)14.74% c)7.26% d)7.37% e)14.51%

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