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Suppose today a 1.94 percent coupon bond sells at par. Two years from now, the required return on the same bond is 1.27 percent. What
Suppose today a 1.94 percent coupon bond sells at par. Two years from now, the required return on the same bond is 1.27 percent. What is the coupon rate on the bond? (Enter your answer as a percentage, omit the "%" sign in your response, and enter your answer with two decimal places. For example, 1.214% should be entered as 1.21.)
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