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Armita pays $66,142.72 for a 9 year, $60,000.00 face value bond. The bond yield is j (1) = 5.375%. Find the coupon rate r (2)

Armita pays $66,142.72 for a 9 year, $60,000.00 face value bond. The bond yield is j⁽¹⁾ = 5.375%. Find the coupon rate r⁽²⁾ for the bond.

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