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Wheeler's has bonds on the market with 13 years to maturity, a YTM (yield to maturity) of 7.6 percent, and a current price of
Wheeler's has bonds on the market with 13 years to maturity, a YTM (yield to maturity) of 7.6 percent, and a current price of $901.98. The bonds make semiannual payments and have a face value of $1,000. What is the coupon rate? 6.40 percent 6.33 percent 6.60 percent 6.67 percent 6.50 percent
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