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What is the coupon rate of a five-year, $5,000 bond with semiannual coupons and a price of $4,552.48, if it has a yield to maturity
What is the coupon rate of a five-year, $5,000 bond with semiannual coupons and a price of $4,552.48, if it has a yield to maturity of 6.9%? A. 3.802% B. 5.704% C. 4.753% OD. 6.654%
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