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A corporate bond has a yield of 4.56 percent, paid semiannually, with a par value of $1,000. The bond matures in 7 years and sells

A corporate bond has a yield of 4.56 percent, paid semiannually, with a par value of $1,000. The bond matures in 7 years and sells for $1,198.20. What is the coupon rate for the bond?

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