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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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