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Posted on Jul 26, 2024

Suppose a 5 -year, $ 1000 bond with annual coupons has a price of $ 1100 and a yield to maturity of 6 % .

Suppose a 5 -year, $ 1000 bond with annual coupons has a price of $ 1100 and a yield to maturity of 6 % . What is the bond's coupon rate?

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