Suppose a​ five-year, $1,000 bond with annual coupons has a price of $900.95 and a yield to maturity of 5.5%. What is th

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answerhappygod
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Suppose a​ five-year, $1,000 bond with annual coupons has a price of $900.95 and a yield to maturity of 5.5%. What is th

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Suppose a​ five-year, $1,000 bond with annual coupons has a
price of $900.95 and a yield to maturity of 5.5%.
What is the​ bond's coupon​ rate?
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