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Q2. Suppose a tenyear bond with semiannual coupons has a price of $1,071.06 and a yield to maturity of 7%. This bonds coupon rate is
Q2. Suppose a tenyear bond with semiannual coupons has a price of $1,071.06 and a yield to maturity of 7%. This bonds coupon rate is closest to:
A.
3.5%
B.
6.0%
C.
7.0%
D.
8.0%
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