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A bond with 7 years left to maturity is selling for $1,070 and has a yield to maturity of 10.06%. What is the bond's annual

A bond with 7 years left to maturity is selling for $1,070 and has a yield to maturity of 10.06%. What is the bond's annual coupon rate? (Assume semiannual interest payments and a par value of $1,000) Group of answer choices 12.88% 8.00% 11.48% 5.75%

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