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A six-year, semiannual coupon bond is selling for $991.38. The bond has a face value of $1,000 and a yield to maturity of 8.18 percent.
A six-year, semiannual coupon bond is selling for $991.38. The bond has a face value of $1,000 and a yield to maturity of 8.18 percent. What is the coupon rate? 9.00 percent 4.60 percent 4.50 percent 8.00 percent 4.00 percent
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