Question: Question Suppose a 5 - year, $ 1 , 0 0 0 bond with annual coupons has a price of $ 8 9 5 .

Question
Suppose a 5-year, $1,000 bond with annual coupons has a price of $895.27 and a yield to maturity of 6.1%. What is the bonfo coupen mile?
The bond's coupon rate is %.(Round to three decimal places)
Question Suppose a 5 - year, $ 1 , 0 0 0 bond

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