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A three-year annual pay bond is quoted at 125.065 with a market yield of 7 percent. The coupon rate is closest to: 14.28% 15.47% 16.55%

A three-year annual pay bond is quoted at 125.065 with a market yield of 7 percent. The coupon rate is closest to:
14.28%
15.47%
16.55%
17.95%

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