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What is the coupon rate of this bond

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Reference no: EM133008590

Problem - Consider the following bond where the coupons are paid annually.

Bond Scotiabank

Price $1072.00

YTM 10%

Years to maturity 15 years

Required - What is the coupon rate of this bond? Enter your answer as a percentage. Do not include the percentage sign in your answer.

Reference no: EM133008590

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