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Kiss the Sky Enterprises has bonds on the market making annual payments, with 14 years to maturity, and selling for $880. At this price, the

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Kiss the Sky Enterprises has bonds on the market making annual payments, with 14 years to maturity, and selling for $880. At this price, the bonds yield 11.0 percent. What must the coupon rate be on the bonds? 9.28% 9.38% 10.55% 18.56% 11.00%

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