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What is the annual coupon rate of a 10-year bond outstanding that has 6% annual required rate and $1147.20 in present value (future value=$1000.00)? 2%
What is the annual coupon rate of a 10-year bond outstanding that has 6% annual required rate and $1147.20 in present value (future value=$1000.00)?
2%
4%
6%
8%
10%
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