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Gobriele Enterprises hss bonds on the market moking snnus peyments, wth 10 yesrs to maturty, a par vslue of $1,000, snd se ing for $920.

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Gobriele Enterprises hss bonds on the market moking snnus peyments, wth 10 yesrs to maturty, a par vslue of $1,000, snd se ing for $920. At thls price, the bands yield 9.7 percent. What must the coupon rate be on the bonds? Mutiol a Chaise 13.62% 270% 3.507 6.9+3 6.81%

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