Question: Suppose a five - year, $ 1 , 0 0 0 bond with annual coupons has a price of $ 9 0 3 . 2

Suppose a five-year, $1,000 bond with annual coupons has a price of $903.27 and a yield to maturity of 5.6%. What is the bond's coupon rate?
The bond's coupon rate is
%.(Round to three decimal places.)
Suppose a five-year, $1,000 bond with annual coupons has a price

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