Question: Use the information given in the following table for an bond, what is the coupon rate of the bond? Today is February 20, 2020.

Use the information given in the following table for an bond, what is the coupon rate of the bond? Today is February 20, 2020. Type Issue date Price Bond August 20, 2003 $942.16 Coupon rate Maturity date August 20, 2023 YTM Current yield Rating 10% AA Assume semi-annual interest payments and a par value of the bond of $1,000. The coupon rate of the bond is:

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