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What is the coupon rate of a eight-year, $10,000 bond with semiannual coupons and a price of $8,493.08, if it has a yield to maturity
What is the coupon rate of a eight-year, $10,000 bond with semiannual coupons and a price of $8,493.08, if it has a yield to maturity of 7.5%? A. 4.961% B. 6.945% C. 5.953% D. 3.969%
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