Homework: Chapter 6 Homework Score: 0 of 1 pt 6 of 11 (10 complete) HW...

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Homework: Chapter 6 Homework Score: 0 of 1 pt 6 of 11 (10 complete) HW Score: E 6-13 (similar to) Suppose a five-year, S1,000 bond with annual coupons has a price of $898.87 and a yield to maturity of 6.1%. What is the bond's coupon rate? The bond's coupon rate is 1% (Round to three decimal places.) Enter your answer in the answer box and then click Check Answer Chec Clent All All parts showing

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