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Gabriele Enterprises has bonds on the market making annual payments, with 18 years to maturity, a par value of $1,000, and selling for $790. At

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Gabriele Enterprises has bonds on the market making annual payments, with 18 years to maturity, a par value of $1,000, and selling for $790. At this price, the bonds yield 9 percent. What must the coupon rate be on the bonds? Multiple Choice O 6.60% O 9.00% O 13.20% O 6.70% O 8.36%

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