A 12-year semiannual coupon bond is priced at 110260 the


A 12-year, semiannual coupon bond is priced at $1,102.60. The bond has a $1,000 face value and a yield to maturity of 5.33 percent. What is the coupon rate?5.00 percent

6.50 percent

6.00 percent

5.25 percent

5.50 percent

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Financial Management: A 12-year semiannual coupon bond is priced at 110260 the
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