Question: checking answer let me know if right please Large Industries bonds sell for $1,113.93. The bond life is 12 years. and the yield to maturity

checking answer let me know if right please

checking answer let me know if right please Large Industries bonds sell

Large Industries bonds sell for $1,113.93. The bond life is 12 years. and the yield to maturity is 5.2%. What must be the coupon rate on the bonds? Assume coupons are paid once a year and the face value is $1.000. {Do not round intermediate calculations. Enter your response as a percentage rounded to one decimal place.) Coupon rate 96

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