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A bond maturing in fifteen years has a a current price of $825.65, yield to maturity of 9.25%, a face value of $1,000. What is
A bond maturing in fifteen years has a a current price of $825.65, yield to maturity of 9.25%, a face value of $1,000. What is the coupon rate of an annual bond?
Select one:
A.
7.06%
B.
7.35%
C.
7.57%
D.
7.92%
Clear my choice
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