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The TRA Companys bonds with a $1,000 face value and five years to maturity currently sell in the market for $1,100. If comparable bonds are

The TRA Companys bonds with a $1,000 face value and five years to maturity currently sell in the market for $1,100. If comparable bonds are priced to yield 12 percent per year, what is the coupon rate on TRA bonds

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