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The bond's coupon rate is %. (Round to three decimal places.) Suppose a five-year, $1 ,OOO bond With annual coupons has a price of $89d.65

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The bond's coupon rate is \%. (Round to three decimal places.)

Suppose a five-year, $1 ,OOO bond With annual coupons has a price of $89d.65 and a yield to maturity of 5.7%. What is the bond's coupon rate? The bond's coupon rate is (Round to three decimal places.)

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