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Zatex, Inc., has 11-year bonds outstanding with a par value of USD 1000. and amarket price of $974. The bonds pay interest annually and have
Zatex, Inc., has 11-year bonds outstanding with a par value of USD 1000. and amarket price of $974. The bonds pay interest annually and have a yield to maturity of 5.2 percent. What is the bond's coupon rate in percentage terms?
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