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Please solve: RH Corp has a bond outstanding with a market price of $1,300.00.The bond has 10 years to maturity, pays interest semiannually, and has
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RH Corp has a bond outstanding with a market price of $1,300.00.The bond has 10 years to maturity, pays interest semiannually, and has a yield to maturity of 9%.What is the bond's coupon rate?
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