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Stevie Steel, has a 1 4 - year semiannual coupon bond that sells for $ 9 1 1 . 9 2 . The bond has
Stevie Steel, has a year semiannual coupon bond that sells for $ The bond has a par value of $ and a YTM of percent. What is the bond's annual coupon rate? Give the answer in percentage and please round to two decimal places. Thank you!
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