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What is the coupon rate of a bond that has a $2,000 face value, a market price of $2,070, and pays interest of $70 every

What is the coupon rate of a bond that has a $2,000 face value, a market price of $2,070, and pays interest of $70 every year?

a) 3.50% b) 7.00% c) not enough info d) none

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