15-year semiannual coupon bond sells for 94201 the bond has


15-year, semiannual coupon bond sells for $942.01. The bond has a par value of $1,000 and a yield to maturity of 7.17 percent. What is the bond's coupon rate?

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Finance Basics: 15-year semiannual coupon bond sells for 94201 the bond has
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