Question: Bert owns a bond that will pay him $ 4 5 each year in interest and $ 1 , 0 0 0 as a principal

Bert owns a bond that will pay him $45 each year in interest and $1,000 as a principal payment at maturity. The bond's yield to maturty is 5.2%. What is the bond's coupon rate?
Question 14 options:
0.7%
9.7%
5.2%
4.5%
5.5%

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