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An annual, 25-year bond is currently selling for $995 and has a yield to maturity of 4.5 percent. What is the coupon rate of this
An annual, 25-year bond is currently selling for $995 and has a yield to maturity of 4.5 percent. What is the coupon rate of this bond if the face value is $1,000? 1. 9.00% 2. 8.93% 3. 4.50% 4. 4.49% 5. 4.47%
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