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Suppose a five - year, $ 1 , 0 0 0 bond with annual coupons has a price of $ 9 0 1 . 5

Suppose a five-year, $1,000 bond with annual coupons has a price of $901.56 and a yield to maturity of 6.3%. What is the bond's coupon rate?
The bond's coupon rate is
%.(Round to three decimal places.)
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