Gabriele Enterprises has bonds on the market making annual payments, with 7 years to maturity,...
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Gabriele Enterprises has bonds on the market making annual payments, with 7 years to maturity, a par value of $1,000, and selling for $930. At this price, the bonds yield 7.5 percent. What must the coupon rate be on the bonds? Multiple Choice O 7.50% 6.18% O 6.64% O O 6.28% O 12.36%
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