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Question 4 (1 point) Five years ago, ABC Industries issued 30-year bonds with a face value of $1,000 each. Today, the required rate of return

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Question 4 (1 point) Five years ago, ABC Industries issued 30-year bonds with a face value of $1,000 each. Today, the required rate of return on these bonds is 13% and the market price is $1,073.2998. The bonds pay coupons annually. What is the coupon rate? 1) 14% 2) 15% 3) 12% 4) 13% 5) 11%

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