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Company XYZ's outstanding bonds have 1,000 par value and they mature in 25 years. Their Nominal urild to maturity is 9.01, they pay interest semiannually,
Company XYZ's outstanding bonds have 1,000 par value and they mature in 25 years. Their Nominal urild to maturity is 9.01, they pay interest semiannually, they sell at a price of $850. what bonds annual coupon interest rate.
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