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Cotton Creek Inc. issued 30-year bonds. The bonds are sold for $1,107 each in the marketplace today with yield to maturity of 7.75%. Calculate the

Cotton Creek Inc. issued 30-year bonds. The bonds are sold for $1,107 each in the marketplace today with yield to maturity of 7.75%. Calculate the bonds' annual coupon rate. OA. 7.59% OB. 8.03% O C. 8.67% OD. 8.99% OE. 9.34%
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Cotton Creek inc. issued 30-yeer bonds. The bonds are sold for $1,107 each in the marketplace today with yleld to maturty of 7.75%. Calculate the bonds' anrual coupon rate A. 7.59% 8. 8.03% C. 8.67% D. 8.99% E. 9.34%

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