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A 6-year Circular File bond pays interest of $80 annually and sells for $968. If Circular File wants to issue a new 6-year bond at

A 6-year Circular File bond pays interest of $80 annually and sells for $968. If Circular File wants to issue a new 6-year bond at face value, what coupon rate must the bond offer? I know how to do thi on excel but I would like to know the solution to have an example of the forumula. Thanks so much

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