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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
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6.37%
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12.01%
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6.09%
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6.01%
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3.00%
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