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checking answer let me know if right please Large Industries bonds sell for $1,113.93. The bond life is 12 years. and the yield to maturity

checking answer let me know if right please

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Large Industries bonds sell for $1,113.93. The bond life is 12 years. and the yield to maturity is 5.2%. What must be the coupon rate on the bonds? Assume coupons are paid once a year and the face value is $1.000. {Do not round intermediate calculations. Enter your response as a percentage rounded to one decimal place.) Coupon rate 96

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