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Business, 28.02.2020 21:59 bosanchez

Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity, a par value of $1,000, and selling for $964. At this price, the bonds yield 6.7 percent. What must the coupon rate be on the bonds?

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Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity, a...
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