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Coupon rate. You can purchase a $1000 face value bond with 15 years to maturity for $1124. The bond pays a semiannual coupon. The market

Coupon rate. You can purchase a $1000 face value bond with 15 years to maturity for $1124. The bond pays a semiannual coupon. The market requires a return of 8% on similar bonds. What is the coupon rate

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