Question: Help - Chapter 6 - CO COMBOAD: 327-01: Om + education.com ouTube Saved He Big Canyon Enterprises has bonds on the market making annual payments,

Help - Chapter 6 - CO COMBOAD: 327-01: Om + education.com ouTube Saved He Big Canyon Enterprises has bonds on the market making annual payments, with 17 years to maturity, a par value of $1,000, and a price of $956. At this price, the bonds yield 9.1 percent What must the coupon rate be on the bonds? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Coupon rate %

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