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DMA Corporation has bonds on the market with 14.5 years to maturity, a YTM of 5.3 percent, a par value of $1000, and a current

DMA Corporation has bonds on the market with 14.5 years to maturity, a YTM of 5.3 percent, a par value of $1000, and a current price of $965. The bonds make semi-annual payments. What must the coupon rate be on these bonds?

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