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Google is offering a 10-year coupon bond with face value $15,000. The current price of the bond is $13,787. If the yield to maturity of
Google is offering a 10-year coupon bond with face value $15,000. The current price of the bond is $13,787. If the yield to maturity of the bond is 4.5%, what is the coupon rate (in %) of the bond?
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