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  • 08-04-2024
  • Business
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A 15-year, annual coupon bond is priced at $984.56. The bond has a $1,000 face value and a yield to maturity of 6.5 percent. What is the coupon rate?
O 2.50 percent
O 3.17 percent
O 6.38 percent
O 6.34 percent
O 6.74 percent

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