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Botanica incorporation has bonds with 14 years to maturity a face value of $1.000 a YTM of 8.2 percent and a current price of 1.132.

Botanica incorporation has bonds with 14 years to maturity a face value of $1.000 a YTM of 8.2 percent and a current price of 1.132. The bonds make annual payments. What must be the coupon ate on these bonds? a. 7.23 percent

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