Question: Hi there, Not sure where I'm going wrong on this problem, maybe it's a rounding error. Any help is greatly appreciated. Thank you for your

Hi there,

Not sure where I'm going wrong on this problem, maybe it's a rounding error. Any help is greatly appreciated. Thank you for your time!

A bond with a current yield of 7.20 percent is quoted at 103.261. What is the coupon rate of the bond:?

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