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You purchased a bond exactly one year ago. At the time you bought your bond, the coupon rate was equal to the yield-to-maturity of 6%.

You purchased a bond exactly one year ago. At the time you bought your bond, the coupon rate was equal to the yield-to-maturity of 6%. Today, the required return on this bond is 8%. What are the coupon rate and yield-to-maturity on your bond today?

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