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Homework: Class 10* Homework Save Score: 0 of 1 pt 8 of 11 (2 complete)...

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Homework: Class 10* Homework Save Score: 0 of 1 pt 8 of 11 (2 complete) HW Score: 18.18%, 2 of 11 pts P 6-13 (similar to) Question Help Suppose a five-year, S1,000 bond with annual coupons has a price of $899.32 and a yield to maturity of 6.4% What is the bond's coupon rate? The bond's coupon rate is 1% (Round to three decimal places.)

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