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Uncle Sam Ltd. has 100 bonds outstanding (maturity value $1,000)The required rate of return on these bonds is currently 10 percent and interest is paid
Uncle Sam Ltd. has 100 bonds outstanding (maturity value $1,000)The required rate of return on these bonds is currently 10 percent and interest is paid quarterly The bonds mature in 10 years , and their current market value is $750 per bond What is the annual coupon interest rate ?
()12%
()4%
()8%
()10%
()6%
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