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What is the coupon rate of this bond? Please look at image below. Thanks! Consider the following bond where the coupons are psid annuhly. What

What is the coupon rate of this bond? Please look at image below. Thanks! image text in transcribed
Consider the following bond where the coupons are psid annuhly. What is the coupon rate of this bond? The face value of the bond is $1,000. Enter your answer as a percentage Do not include the percentage sign in your answer. Enter your response below. Enter your answer rounded to 2 DECIMAL. PLACES

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