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Maxcorp's bonds sell for $ 1090.83. This bond life is 9 years, and the yield to maturity is 7%. What is the coupon rate on

Maxcorp's bonds sell for $ 1090.83. This bond life is 9 years, and the yield to maturity is 7%. What is the coupon rate on the bond? (Assume a face value of $ 1,000 and an annual coupon payments)

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