Question: points Save Answer Marissa's Deli has a bond outstanding with an $85 annual interest payment, a market price of $800, and a maturity date in

 points Save Answer Marissa's Deli has a bond outstanding with an

points Save Answer Marissa's Deli has a bond outstanding with an $85 annual interest payment, a market price of $800, and a maturity date in five years. The par value of the bond is $1,000. Calculate the Coupon Rate. Round to the nearest whole number

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