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What is the coupon rate of a nine-year, $5,000 bond with semiannual coupons and a price of $4,242.47, if it has a yield to maturity
What is the coupon rate of a nine-year, $5,000 bond with semiannual coupons and a price of $4,242.47, if it has a yield to maturity of 6.5%? O A. 3.4% OB. 5.1% C. 5.95% D. 4.25%
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