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Barely Heroes Corporation has bonds on the market with 13.5 years to maturity, a YTM of 8 percent, and a current price of $950. The

Barely Heroes Corporation has bonds on the market with 13.5 years to maturity, a YTM of 8 percent, and a current price of $950. The bonds make semiannual payments. What must the coupon rate be on Barely Heroes’ bonds?

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