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Can someone help me with these problems? I'm having a hard time with it. 1. 2. Maxcorp's bonds sell for $1223.64. The bond life is

Can someone help me with these problems? I'm having a hard time with it.

1.

2.

Maxcorp's bonds sell for $1223.64. The bond life is 9 years, and the yield to maturity is 8.8%. What is the coupon rate on the bonds? (Assume a face value of $1,000 and annual coupon payments.) (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.) Coupon rate

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