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16. Navy company have a 51000 face value of a bond, and its mature in 33 years, the appropriate discount rate is 8.47%, they pay

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16. Navy company have a 51000 face value of a bond, and its mature in 33 years, the appropriate discount rate is 8.47%, they pay the interest annually, the bond sold at a price of $750 what is the bond annual coupon rate? (2 points) 12.40% 6.20% 3.10% 9.20%

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