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What is the coupon rate for a bond with annual coupons that has a face value of $1,000, 7 years to maturity, a current price
What is the coupon rate for a bond with annual coupons that has a face value of $1,000, 7 years to maturity, a current price of $1,056, and a yield to maturity of 3.3%? (answer in PERCENT, e.g. "10.2" is 10.2%)
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