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Omni Corp issued one hundred $1,000 face value bonds. This bonds current market value of $835.60 will give a YTM of 7%. Interest payments are

Omni Corp issued one hundred $1,000 face value bonds. This bonds current market value of $835.60 will give a YTM of 7%. Interest payments are made every six months. The bonds mature in 8 years. What is the coupon rate of these bonds?

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