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Jerry just purchased a bond paying semiannual interest for a price of $1,000. Yields on bonds of similar risk are 9.9%. The bond has a

Jerry just purchased a bond paying semiannual interest for a price of

$1,000. Yields on bonds of similar risk are

9.9%. The bond has a face value of

$1,000. Based on thisinformation, the coupon rate of the bondis:

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