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Suppose a five - year, $ 1 , 0 0 0 bond with annual coupons has a price of $ 8 9 9 . 9

Suppose a five-year, $1,000 bond with annual coupons has a price of $899.95 and a yield to maturity of 6.2%. What is
the bond's coupon rate?
The bond's coupon rate is ,%.(Round to three decimal places.)
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