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The Cat Corporation has just issued 20-year bonds. The bonds sold for $758.18 and pay interest semi-annually. Investors require a rate of 9% on the

The Cat Corporation has just issued 20-year bonds. The bonds sold for $758.18 and pay interest semi-annually. Investors require a rate of 9% on the bonds. What is the bonds COUPON RATE? Select one: e a. 9% b. 11% C. 10% d. 6%

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