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Calculate the coupon rate of an eight-year with a face value of $10,000. Coupon payments are paid semiannually. The current market price of the bond

Calculate the coupon rate of an eight-year with a face value of $10,000. Coupon payments are paid semiannually. The current market price of the bond is $9006.6568 and has a yield to maturity of 6.5%?

Select one:

5.87%

4.888%

3.91%

6.84%

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