Question: Question 3 (3.34 points) Saved What is the coupon rate of a bond with a par value of $1000, it is currently selling for $800,

Question 3 (3.34 points) Saved What is the coupon rate of

Question 3 (3.34 points) Saved What is the coupon rate of a bond with a par value of $1000, it is currently selling for $800, has 15 years to maturity and the market rate (yield to maturity) is 10.471% pet annum? Assume the coupon payments are made monthly. 06.66% 7.77% 8.88% 9.99% O 10.10%

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