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What is the coupon rate of a five-year, $5,000 bond with semiannual coupons and a price of $4,670.48, 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 $4,670.48, if it has a yield to maturity of 6.4%? A. 3.871% B. 4.839% O c. 5.807% D. 6.775%
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