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Prime Time Inc. has bonds on the market making annual payments, with 27 years to maturity, and selling for $1,010. At this price, the bonds

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Prime Time Inc. has bonds on the market making annual payments, with 27 years to maturity, and selling for $1,010. At this price, the bonds yield 4.5%. What must the coupon rate be on these bonds? 4.57% 4.75% 4.35% 4.25%

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