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A coupon bond has a maturity of 5 years, coupon rate 3.1% and current yield 2.9%. What market rate, rounded to one decimal place, is

A coupon bond has a maturity of 5 years, coupon rate 3.1% and current yield 2.9%. What market rate, rounded to one decimal place, is the bond traded at? A. 2.3% B. 2.7% C. 3.1% D. 3.5% E. 4.2% F. None of the above

(if this is possible to solve in excel that be great thank you)

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