Question: Suppose a five - year, $ 1 comma 0 0 0 $ 1 , 0 0 0 bond with annual coupons has a price of

Suppose a five-year, $ 1 comma 000$1,000 bond with annual coupons has a price of $ 904.31$904.31 and a yield to maturity of 6.1%6.1%. What is the bond's coupon rate?
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Part 1
The bond's coupon rate is enter your response here%.(Round to three decimal places.)

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