Question: Suppose a 5 - year, $ 1 , 0 0 0 bond with annual coupons has a price of $ 9 0 4 . 4

Suppose a 5-year, $1,000 bond with annual coupons has a price of $904.43 and a yield to maturity of 6.5%. What is the bond's coupon rate?
The bond's coupon rate is
%.(Round to three decimal places.)
Suppose a 5-year, $1,000 bond with annual coupons has a price

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