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A Treasury bond is quoted at a price of 101:14 with a current yield of 7.236 percent. What is the coupon rate? A. 7.39 percent
A Treasury bond is quoted at a price of 101:14 with a current yield of 7.236 percent. What is the coupon rate?
A. 7.39 percent
B. 7.34 percent
C. 7.30 percent
D. 7.28 percent
E. 7.20 percent
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