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Consider the following bond where the coupons are paid annually, CIBC Bond Price YTM Years to maturity $999.00 18% 13 years What is the coupon

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Consider the following bond where the coupons are paid annually, CIBC Bond Price YTM Years to maturity $999.00 18% 13 years What is the coupon rate of this bond? Enter your answer as a percentage. Do not include the percentage sign in your answer Enter your response below. Enter your answer rounded to 2 DECIMAL PLACES. Number %

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