Question: show working pls 3 5 points eBook Print References Goldstream Enterprises has bonds on the market making annual payments, with nine years to maturity, and

show working pls 3 5 points eBook Print References Goldstream Enterprises

show working pls

3 5 points eBook Print References Goldstream Enterprises has bonds on the market making annual payments, with nine years to maturity, and selling for $948. At this price, the bonds yield 5.9%. What must the coupon rate be on the bonds? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Coupon rate %

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