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What is the coupon rate of a eight-year, $10,000 bond with semiannual coupons and a price of $8,715.92, 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 $8,715.92, if it has a yield to maturity of 8% ? A. 6.955% B. 8.114% C. 4.637% D. 5.796%
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