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Problem 35 Intro A Treasury coupon bond has 5-year to maturity with a face value of $1,000 and a current market price of $1,065.61. The

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Problem 35 Intro A Treasury coupon bond has 5-year to maturity with a face value of $1,000 and a current market price of $1,065.61. The bonds pay coupon annually and have a yield to maturity of 4 percent. Jake, a bond speculator, just purchased the bond at the current market price. Part 1 Attempt 1/10 for 10 pts. What is the coupon rate? 4+ decimals Submit

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