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I tried doing P=CPN/Y + FV/(1+Y^n) and got it wrong. Can please explain if that is right? thanks. Suppose a five-year, $1,000 bond with annual

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I tried doing P=CPN/Y + FV/(1+Y^n) and got it wrong. Can please explain if that is right? thanks.

Suppose a five-year, $1,000 bond with annual coupons has a price of $897.01 and a yield to maturity of 6.4%. What is the bond's coupon rate

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