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The price of coupon-paying bond that matures 9 months from now is equal to $101.50. The interest rates for 3, 6, and 9 months are
The price of coupon-paying bond that matures 9 months from now is equal to $101.50. The interest rates for 3, 6, and 9 months are 8%, 8.4%, and 8.6% respectively. The bond has $100 face value, it was issued sometime in the past, and it pays coupons semi-annually. Find the bond's coupon rate. 5.28% 5.39% 7.94% 8.08% 9.76% 9.81% 10.14% 10.18%
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