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What is the annual coupon rate of a 7-year corporate bond given that its current price is $930, par = $1,000, semi-annual coupon, YTM=10%? Question

What is the annual coupon rate of a 7-year corporate bond given that its current price is $930, par = $1,000, semi-annual coupon, YTM=10%?

Question 3 options:

	4.29%
	3.14%
	8.46%
	8.59%

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