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the bond coupon rate is Score: 0 of 10 pts 6 of 10 (1 complete) HWS P 6-13 (similar to) Suppose a five-year $1,000 bond

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Score: 0 of 10 pts 6 of 10 (1 complete) HWS P 6-13 (similar to) Suppose a five-year $1,000 bond with annual coupons has a price of $898.05 and a yield to maturity of 6.4%. What is the bonds coupon rate? The bond's coupon rate is %. (Round to three decimal places.)

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