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What is the coupon rate

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The market price of a semi-annual pay bond is $980.42. It has 30.00 years to maturity and a yield to maturity of 7.38%. What is the coupon rate?

Reference no: EM132390721

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What is the coupon rate : The market price of a semi-annual pay bond is $980.42. It has 30.00 years to maturity and a yield to maturity of 7.38%. What is the coupon rate?
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