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The quoted price of a 1,000 face value bond is 99.60. The bond matures in 5.2 years and pays semiannual payments of 22.30. What is

The quoted price of a 1,000 face value bond is 99.60. The bond matures in 5.2 years and pays semiannual payments of 22.30. What is the coupon rate?

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