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Andrews co has bonds on the market making semiannual payments, with 12 years until maturity, a par value of 1000 and selling today for 96.25%

Andrews co has bonds on the market making semiannual payments, with 12 years until maturity, a par value of 1000 and selling today for 96.25% of par. At this price the YTM of these bonds is 5.89% what must be the coupon rate on these bonds?

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