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Question 4 (5 points) O'Brien Ltd. 's outstanding bonds have a $1,000 par value, and they mature in 25 years. Their nominal annual, not semiannual

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Question 4 (5 points) O'Brien Ltd. 's outstanding bonds have a $1,000 par value, and they mature in 25 years. Their nominal annual, not semiannual yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of $875. What is the bond's nominal coupon interest rate? 7.96% 6.695

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