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Peterson Amalgamated recently issued 15-year semiannual coupon bonds. These bonds sell for $914.75 and have a yield-to-maturity of 8.5 percent. What is the bonds' coupon

Peterson Amalgamated recently issued 15-year semiannual coupon bonds. These bonds sell for $914.75 and have a yield-to-maturity of 8.5 percent. What is the bonds' coupon rate?

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