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Question 7 Not yet answered Marked out of 6.00 Flag question A company issued $60 million of face value bonds, with a coupon rate of

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Question 7 Not yet answered Marked out of 6.00 Flag question A company issued $60 million of face value bonds, with a coupon rate of 6% payable annually. The maturity date on the bonds is in 25 years. The bonds were sold in the market and proceeds of $58,127,215.02 were received by the company. Enter your answer using two decimal places and with a % sign. For example 12.34%

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