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Gugenheim offers 12-year coupon bonds with semiannual payments. The yield to maturity is 6.23 percent, and the bonds sell at 101 percent of par. What

Gugenheim offers 12-year coupon bonds with semiannual payments. The yield to maturity is 6.23 percent, and the bonds sell at 101 percent of par. What is the coupon rate?

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