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Kiss the Sky Enterprises has bonds on the market making annual payments, with 11 years to maturity, and selling for $840. At this price, the

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Kiss the Sky Enterprises has bonds on the market making annual payments, with 11 years to maturity, and selling for $840. At this price, the bonds yield 7.1 percent. What must the coupon rate be on the bonds? Multiple Choice 496% B.06\% 9.91% 590m 7on

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