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plz write down the suloton and how to calculate thank you Goldstream Enterprises has bonds on the market making annual payments, with nine years to
plz write down the suloton and how to calculate thank you
Goldstream Enterprises has bonds on the market making annual payments, with nine years to maturity, and selling for $948. At this price, the bonds yield 5.9 percent. What must the coupon rate be on the bonds? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Coupon rate _______ %Step by Step Solution
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