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  3. a certain bond has a current yield of 8.32% and a

A certain bond has a current yield of 8.32% and a market price of $1,080.00....

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Accounting

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A certain bond has a current yield of 8.32% and a market price of $1,080.00. What is the bond's coupon rate? The bond's coupon rate is %. (Round to two decimal places.)

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