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You are considering a purchase of a 8-year treasury bond with face value $10,000. If you have to pay $8,000 and your yield to maturity
You are considering a purchase of a 8-year treasury bond with face value $10,000. If you have to pay $8,000 and your yield to maturity of the bond is 4.8%, what is the coupon rate (in %) of the treasury bond? Round your answer to at least 2 decimal places. (e.g. 12.3456% should be entered as 12.35)
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