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9 Gabriele Enterprises has bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000, and selling for $910.

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9 Gabriele Enterprises has bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000, and selling for $910. At this price, the bonds yield 7.6 percent. What must the coupon rate be on the bonds? Multiple Choice O 6.63% 13.07% 760% 6.53% 718%

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