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What is the copon rate of the bond given the information below. The bond makes semiannual interest payments. (Do not round intermediate calculations, round answer

What is the copon rate of the bond given the information below. The bond makes semiannual interest payments. (Do not round intermediate calculations, round answer to two decimals, i.e. 32.16)

YTM:6.7%

Maturity (years):5

Current Price: $1,213.41

Par value: $1,000.00

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