Question: Google is offering a 10-year coupon bond with face value $15,000. The current price of the bond is $13574. If the yield to maturity of

Google is offering a 10-year coupon bond with face value $15,000. The current price of the bond is $13574. If the yield to maturity of the bond is 4.9%, what is the coupon rate (in %) of the bond? Round your answer to at least 2 decimal places.

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