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Score: 0 of 1 pt 8 of 13 (8 complete) HW Score: 46.15%, 6 of 13 pts P6-13 (similar to) Suppose a five-year, $1,000 bond

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Score: 0 of 1 pt 8 of 13 (8 complete) HW Score: 46.15%, 6 of 13 pts P6-13 (similar to) Suppose a five-year, $1,000 bond with annual coupons has a price of $896.53 and a yield to maturity of 5.6%. What is the bond's coupon rate? The bond's coupon rate is %. (Round to three decimal places.) Question Help

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