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Gabriele Enterprises has bonds on the market making annual payments, with 7 years to maturity, a par value of $1,000, and selling for $830. At

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Gabriele Enterprises has bonds on the market making annual payments, with 7 years to maturity, a par value of $1,000, and selling for $830. At this price, the boris yield 10 percent. What must the coupon rate be on the bonds? Multiple-Choice 6.51% 13.02% 784% 6.61% 10.00%

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