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On january 1 20x0 broker corp issued 2.1 million 8% eight year bonds that paid interest each December 31 of 1,875,933 and price yielding 10%.

On january 1 20x0 broker corp issued 2.1 million 8% eight year bonds that paid interest each December 31 of 1,875,933 and price yielding 10%. What is the coupon rate

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