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ABC Corporation has bonds on the market with 1 2 . 5 years to maturity, a YTM of 7 . 3 percent, and a current

ABC Corporation has bonds on the market with 12.5 years to maturity, a YTM of 7.3 percent, and a current price of $1,057. The bonds make semiannual payments. What must be the coupon rate on these bonds?

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