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Coupon Rates - Nikita Enterprises has bonds on the market making annual payments, with eight years to maturity, a par value of $ 1 ,

Coupon Rates - Nikita Enterprises has bonds on the market making annual payments, with eight years to maturity, a par value of $1,000, and selling for $962. At this price, the bonds yield 5.1 percent. What must the coupon rate be on the bonds? (please solve with working and show how to use financial calculator)

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