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8. Coupon Rates (LOZ) Happy Valley Corporation has bonds on the market with 14.5 years to maturity, a YTM of 6.1%, and a current price

8. Coupon Rates (LOZ) Happy Valley Corporation has bonds on the market with 14.5 years to maturity, a YTM of 6.1%, and a current price of $1.038. The bonds make semiannual payments. What must the coupon rate be on these bonds

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