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  • 28-05-2023
  • Business
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Big Pear has 10,000 outstanding bonds. These bonds have a 30-year maturity and $1,000 par value. Their yield to maturity is 8%, they pay interest semiannually, and they sell at a price of $1,226.23. What is the bond's coupon interest rate? O 6%
O 7%
O 8% O 9% O 10%

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