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Coupon Rates (LO2) Goldstream Enterprises has bonds on the market making annual payments, with nine years to maturity, and selling for $948. At this price,

Coupon Rates (LO2) Goldstream Enterprises has bonds on the market making annual

payments, with nine years to maturity, and selling for $948. At this price, the bonds yield

5.9%. What must the coupon rate be on the bonds?

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