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Consider the following bond where the coupons are paid semi-annually, Bond Price YTM Years to maturity HSBC $1098.75 8% 12 years What is the coupon

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Consider the following bond where the coupons are paid semi-annually, Bond Price YTM Years to maturity HSBC $1098.75 8% 12 years What is the coupon rate of this bond? Enter your answer as a percentage. Do not enter the percentage sign in your answer. Enter your response below. Enter your answer rounded to 2 DECIMAL PLACES

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