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Gabriele Enterprises has bonds on the market making annual payments, with 10 years to maturity, a par value of $1,000, and selling for $930. At

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Gabriele Enterprises has bonds on the market making annual payments, with 10 years to maturity, a par value of $1,000, and selling for $930. At this price, the bonds yield 7 percent. What must the coupon rate be on the bonds? Multiple Choice | o 6.10% o 700% o 6.46% o 06.00% 6.00% o 12.01%

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