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What is the coupon rate of a tenyear, $10,000 bond with semiannual coupons and a price of $8,479.4, if it has a yield to maturity

What is the coupon rate of a tenyear, $10,000 bond with semiannual coupons and a price of $8,479.4, if it has a yield to maturity of 7.8%?

A.

7.81%

B.

6.7%

C.

4.47%

D.

5.582%

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