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A firm has an outstanding issue of $1,000 par value bonds due in 10 years, currently selling for $903.74. Investor's are earning 9.00%. What is

A firm has an outstanding issue of $1,000 par value bonds due in 10 years, currently selling for $903.74. Investor's are earning 9.00%. What is the coupon rate on these bonds? Select one: a. 7.5% 7.0% 9.04% O b. O c. O d. 7.2% Oe. 7.7%

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