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5-year, $1,000 bond with annual coupons has a price of $1,100 and a yield to maturity of 6%. What is the bond's cou. close. Start your trial now! First week only $4.99! arrow_forward. Question. Suppose a 5-year, $1,000 bond with annual coupons has a price of $1,100 and a yield to maturity of 6%. What is the bond's coupon rate?
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