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Find the coupon rate (in % payable semiannually) of a 7-year $100 par semiannual coupon bond redeemable at par, yielding 5.97% convertible semiannually, if its
Find the coupon rate (in % payable semiannually) of a 7-year $100 par semiannual coupon bond redeemable at par, yielding 5.97% convertible semiannually, if its price is the same as that of a zero-coupon bond with face value $100 maturing in 7 years and yielding 3.84% compounded annually.
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