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A bond has a par value of $1,000, a current yield of 7.31 percent, and semiannual coupon payments. The bond is quoted at 98.05. What

A bond has a par value of $1,000, a current yield of 7.31 percent, and semiannual coupon payments. The bond is quoted at 98.05. What is the coupon rate of the bond? Multiple Choice 14.62% 731% 8.06%

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