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Kiss the Sky Enterprises has bonds on the market making semiannual payments, with 8 years to maturity, and selling for $1,052. At this price, the
Kiss the Sky Enterprises has bonds on the market making semiannual payments, with 8 years to maturity, and selling for $1,052. At this price, the bonds yield 3.2 percent. What must the coupon rate be on the bonds? Enter the answer with 4 decimals (e.g. 0.0123)
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