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A company issued bonds to fund the development of a new line of bottled beverages to be sold in grocery stores. The bonds have a

A company issued bonds to fund the development of a new line of bottled beverages to be sold in grocery stores. The bonds have a face value of $715,000 and are selling at a premium for $797,531. The bonds pay interest semiannually. They have a yield to maturity of 9.00% and four years until they mature.
What is the coupon rate on these bonds?

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