Question: A six - year bond is selling for $ 9 5 3 . The bond has a face value of $ 1 , 0 0

A six-year bond is selling for $953. The bond has a face value of $1,000 and a yield to maturity of 11.6%. What is the coupon rate?
7.96%
6.43%
9.77%
7.13%
10.49%
A six-year bond is selling for $953. The bond has a

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