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Moussawi Ltd ' s outstanding bonds have a $ 1 , 0 0 0 par value and they will mature in 5 years. Their yield

Moussawi Ltd's outstanding bonds have a $1,000 par value and they will mature in 5 years. Their yield to maturity is 9% p.a. with semiannual compounding, and the current market price is $853.61. What is the bonds annual coupon rate?

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