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Angsana Corporation has bonds on the market with 11.5 years tomaturity, a YTM of 11.4 percent, and a current price of $835.66.The bonds make semiannual payments. The coupon rate on these bondsmust be _____ percent. (Do not include the percent sign (%). Roundyour answer to 2 decimal places. (e.g., 32.16))
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