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What is the annual coupon rate of a 10-year corporate bond given that its current price is $1,100, par=1,000, YTM=12%? Question 5 options: 12.74% 6.87%

What is the annual coupon rate of a 10-year corporate bond given that its current price is $1,100, par=1,000, YTM=12%?

Question 5 options:

12.74%

6.87%

13.77%

11.56%

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