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Suppose a 5-year, $1,000 bond with annual coupons has a price of $880 and a yield to maturity of 6%. What is the bond's coupon

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Suppose a 5-year, $1,000 bond with annual coupons has a price of $880 and a yield to maturity of 6%. What is the bond's coupon rate? The coupon rate is %. (Round to two decimal places.)

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