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Consider the following bond where the coupons are paid semi-annually, What is the coupon rate...

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Accounting

image Consider the following bond where the coupons are paid semi-annually, What is the coupon rate of this bond? The face value of the bond is $1,000. Enter your answer as a percentage. Do not enter the percentage sign in your answer. Enter your response below. Enter your answer rounded to 2 DECIMAL PLACES. %

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