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The Government of Mandalor has bonds on the market with 30 years to maturity, a YTM of 6.7 percent, and a current price of $910.89.

The Government of Mandalor has bonds on the market with 30 years to maturity, a YTM of 6.7 percent, and a current price of $910.89. The bonds make semiannual payments and have a face value of $1,000. The coupon rate is closest to:

Multiple Choice

  • 6.37%

  • 12.01%

  • 6.09%

  • 6.01%

  • 3.00%

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