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Business, 23.03.2020 23:02 yaya111601

Kiss the Sky Enterprises has bonds on the market making annual payments, with 6 years to maturity, and selling for $840. At this price, the bonds yield 10.0 percent. What must the coupon rate be on the bonds?please explain answer..a. 5.17%b. 6.16%c. 5.27%d. 7.70%e. 10.34%

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Kiss the Sky Enterprises has bonds on the market making annual payments, with 6 years to maturity, a...

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