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The Skydiving Company bonds are currently selling for $953.17. These bonds mature in 5 years, pay interest semi-annually, and have a yield-to-maturity of 6.5%. What
The Skydiving Company bonds are currently selling for $953.17. These bonds mature in 5 years, pay interest semi-annually, and have a yield-to-maturity of 6.5%. What is the coupon rate?
Multiple Choice
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5.38%
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7.58%
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3.80%
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6.63%
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6.50%
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