Question: Question content area top Part 1 Suppose a 5 - year, $ 1 , 0 0 0 bond with annual coupons has a price of

Question content area top Part 1 Suppose a 5-year, $1,000 bond with annual coupons has a price of $898.06 and a yield to maturity of 5.6%. What is the bond's coupon rate? Question content area bottom Part 1 The bond's coupon rate is enter your response here%.(Round to three decimal places.)

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