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A company releases a five-year bond with a face value of $1000 and coupons paid semi-annually. If market interest rates imply a YTM of 3.85%

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A company releases a five-year bond with a face value of $1000 and coupons paid semi-annually. If market interest rates imply a YTM of 3.85% with semi-annual compounding, what should be the coupon rate offered if the bond is to trade at par? Express the answer as an APR in percentage with semi-annual compounding. (Provide the numeric answer to 2 decimal places. For example, if your answer is 0.9458%, please type 0.95.)

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