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Please Help!!! What is the coupon rate of a bond that has a yield to maturity of 9.5%, a current price of $1045.67, a par
Please Help!!!
What is the coupon rate of a bond that has a yield to maturity of 9.5%, a current price of $1045.67, a par value of $1,000 and matures in sixteen years? The bond pays coupons semiannually.
7.81%
10.06%
15.62%
5.03%
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