Question: Suppose a five-year, $1,000 bond with annual coupons has a price of $902.29 and a yield to maturity of 5.7%. What is the bond's coupon

Suppose a five-year, $1,000 bond with annual coupons has a price of $902.29 and a yield to maturity of 5.7%. What is the bond's coupon rate?

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