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  3. 5. suppose a ten-year bond with face value $1000 a

5. Suppose a ten-year bond with face value $1000 and semiannual coupons has a price...

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5. Suppose a ten-year bond with face value $1000 and semiannual coupons has a price of $1,071.06 and a yield to maturity of 7%. This bond's coupon rate is closest to A) 3.5%. B) 6.0% C) 7.0%. D) 8.0%

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