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A company has a bond with a current price of $961.28 with 8 years to maturity and a par value of $1,000. At this price,

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A company has a bond with a current price of $961.28 with 8 years to maturity and a par value of $1,000. At this price, the bond has a yield to maturity of 6.00% and pays every six months. What is the coupon rate of the bond? 1.77% 5.38% 13.23% 10.26%

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