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A bond with 6 years left to maturity is trading for $1050. It pays coupons semiannually. Its YTM is currently 4.0%. The coupon rate for

A bond with 6 years left to maturity is trading for $1050. It pays coupons semiannually. Its YTM is currently 4.0%. The coupon rate for this bond must be ________%. Do not round any intermediate work. Round your final answer to 2 decimal places (example: .1234567 = 12.35). Do not enter the % sign.

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