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What is the coupon rate on a 7-year bond, paying semi-annual coupons, with a $1,000 face value and selling at $1,060 if the yield to

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What is the coupon rate on a 7-year bond, paying semi-annual coupons, with a $1,000 face value and selling at $1,060 if the yield to maturity is 5.30%? a. 5.30% b. 3.1796 OC 6.34% d. 7.60% e 2.65%

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