Question: Please show your work so I can see how you solved it, thank you! Melbourne Corp. has bonds on the market with 10 years to

Please show your work so I can see how you solved

Please show your work so I can see how you solved it, thank you!

Melbourne Corp. has bonds on the market with 10 years to maturity, a YTM of 7.26%, and a current price of $939.60. The bonds have a par value of $1,000 and make semiannual payments. What is the coupon rate on the bonds

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