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"What is the coupon rate of a 10-year, $1000 bond with coupons paid semiannually and a...

"What is the coupon rate of a 10-year, $1000 bond with coupons paid semiannually and a price of $700, if it has a yield to maturity of 10%? Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, write enter 0.05 as an answer."

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jeff jeffy answered 2 years ago
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