What is the bonds coupon rate the bonds coupon rate is


Suppose a? five-year, $ 1 comma 000$1,000 bond with annual coupons has a price of $ 896.61$896.61 and a yield to maturity of 6.4 % 6.4%. What is the? bond's coupon? rate? The? bond's coupon rate is nothing? %.

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Financial Management: What is the bonds coupon rate the bonds coupon rate is
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