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Riverhawk Promotions Corporation has a bond outstanding with a market price of $1,136.00.The bond has 4.5 years to maturity, pays interest semiannually, and has a
Riverhawk Promotions Corporation has a bond outstanding with a market price of $1,136.00.The bond has 4.5 years to maturity, pays interest semiannually, and has a yield to maturity of 9.47%.What is the bond's coupon rate?
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