Question: Question 10 1 pts A bond with a face value of $1,236 has a semi-annual payment of $62 and matures in 4 years, 4 months,
Question 10 1 pts A bond with a face value of $1,236 has a semi-annual payment of $62 and matures in 4 years, 4 months, and 19 days. It is currently selling for $924.31. What is the coupon rate of this bond? Answer should be formatted as a percent with 2 decimal places (e.g. 99.99)
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