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What is the coupon rate (in percentage) for a bond with a face value of $1,000, 15 years to maturity, a current price of $1,200,

What is the coupon rate (in percentage) for a bond with a face value of $1,000, 15 years to maturity, a current price of $1,200, and a yield to maturity of 8%?

Enter your answer as a percentage rounded to 2 decimal places. (An answer of 23.456 would be entered as 23.46)

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