Question: Pls answer it asap correctly Suppose a five-year $1,000 bond with annual coupons has a price of $899 22 and a yield to maturity of

Pls answer it asap correctly

Pls answer it asap correctly Suppose a five-year $1,000 bond with annual

Suppose a five-year $1,000 bond with annual coupons has a price of $899 22 and a yield to maturity of 5.6% What is the bond's coupon rate? The bond's coupon rate is % (Round to three decimal places.)

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