Question: Question 7 5 pts A bond with 6 years left to maturity is trading for $1,020. It pays coupons semiannually. Its YTM is currently 3.4%.

 Question 7 5 pts A bond with 6 years left to

Question 7 5 pts A bond with 6 years left to maturity is trading for $1,020. It pays coupons semiannually. Its YTM is currently 3.4%. The coupon rate for this bond must be Do not round any intermediate work. Round your "finalanswer to 2 decimal places (example: .1234567 - 12.35). Do not enter the % sign. Margin of error for correct responses: +/-.03%

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