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The bonds of CEPS Group sells for OMR 1,191.53. The yield to maturity is 12 percent and the maturity date is 9 years from today.

The bonds of CEPS Group sells for OMR 1,191.53. The yield to maturity is 12 percent and the maturity date is 9 years from today. What is the annual coupon rate of this bond if the face value is $1,000?

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