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P6-13 (similar to) Question Help Suppose a five-year, $1,000 bond with annual coupons has a price of $896.65 and a yield to maturity of 5.9%.

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P6-13 (similar to) Question Help Suppose a five-year, $1,000 bond with annual coupons has a price of $896.65 and a yield to maturity of 5.9%. What is the bond's coupon rate? The bond's coupon rate is %. (Round to three decimal places.)

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