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Suppose a five-year1,000 bond with annual coupons has a price of 895.75 and a yield to maturity of What is the bond's coupon rate? The

Suppose a five-year1,000 bond with annual coupons has a price of 895.75 and a yield to maturity of What is the bond's coupon rate?
The bond's coupon rate is% (Round to three decimal places.) image text in transcribed
Suppose a five year, $1,000 bond with annual coupons has a price of $895.75 and a yield to maturity of 6.1%. What is the bond's coupon rate? The bond's coupon rate is \%. (Round to three decimal places.)

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