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The coupon in the image is paid semi-annually. Notice that this bond has a par value of $500. What is the ANNUAL coupon rate

 

The coupon in the image is paid semi-annually. Notice that this bond has a par value of $500. What is the ANNUAL coupon rate % for this bond? Enter as a percent and enter only numbers in your response. INE1S,19 $6.25 53637H

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