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A firm issues a twenty-year bond with a face value of $5000 and coupons paid quarterly. If YTM is 6.2%, what should be the coupon

A firm issues a twenty-year bond with a face value of $5000 and coupons paid quarterly. If YTM is 6.2%, what should be the coupon rate offered if the bond is to trade at par?

A.

3.1%

B.

3%

C.

6%

D.

6.2%

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