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Ghost Rider Corporation has bonds on the market with 1 4 years to maturity, a YTM of 6 . 2 percent, and a current price

Ghost Rider Corporation has bonds on the market with 14 years to maturity, a YTM of 6.2 percent, and a current price of $923. What must the coupon rate be on the company's bonds? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
Coupon rate
%
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