[Solved] A standard semi-annual corporate bond has

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A standard semi-annual corporate bond has 23 years remaining to maturity. Similar bonds in the market are currently demanding 11.2% total return. If the bond

A standard semi-annual corporate bond has 23 years remaining to maturity. Similar bonds in the market are currently demanding 11.2% total return. If the bond is currently selling for $934.40, what coupon rate does this imply?

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