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What is the coupon rate for a bond with 6 years until maturity, a price of $984.32, and a yield to maturity of 7% ?
What is the coupon rate for a bond with 6 years until maturity, a price of $984.32, and a yield to maturity of 7% ? Interest is paid semi-annually. A. 3.34% B. 3.50% C. 6.68% D. 6.71%
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