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Gabriele Enterprises has bonds on the market making annual payments, with 19 years to maturity, a par value of $1,000, and selling for $850. At

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Gabriele Enterprises has bonds on the market making annual payments, with 19 years to maturity, a par value of $1,000, and selling for $850. At this price, the bonds yield 7 percent. What must the coupon rate be on the bonds? Multiple Choice 6.53% 5.55% o 5.65% 7.00% 11.10%

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