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What is the coupon rate of a Ten-Year, $5,000 bond with semiannual coupons and a price of $4,293.35, if it has a yield to maturity
What is the coupon rate of a Ten-Year, $5,000 bond with semiannual coupons and a price of $4,293.35, if it has a yield to maturity of 6.6%?
A: 3.718%
B: 6.506%
C: 4.647%
D: 5.576%
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