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Gordon Enterprises has bonds on the market making annual payments, with eight years to maturity and a par value of $ 1 , 0 0
Gordon Enterprises has bonds on the market making annual payments, with eight years to maturity and a par value of $ and selling for $ At this price, the bonds yield percent.
What must the coupon rate be on the bonds?
What is the yield to maturity of this bond?
If the yield to maturity is percent, what is the current price of the bond in euros?
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