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What is the coupon rate of a ten-year, $5,000 bond with semiannual coupons and a price of $4,120.96, 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 $4,120.96, if it has a yield to maturity of 7.4%?
A.
6.833%
B.
4.881%
C.
3.905%
D.
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
