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Peterson Amalgamated recently issued 15-year semiannual coupon bonds. These bonds sell for $847.80 and have a yield-to-maturity of 7.6 percent. What is the bonds' coupon
Peterson Amalgamated recently issued 15-year semiannual coupon bonds. These bonds sell for $847.80 and have a yield-to-maturity of 7.6 percent. What is the bonds' coupon rate? Don't round steps. 2 decimal answers.
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