Market enterprises would like to issue bonds and needs to

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Market Enterprises would like to issue bonds and needs to determin the approximare rate they would need tp pay investors. A firm with similar risk recenly issues bonds with the following current features a 5% coupon rate, 10 yrs untill maturity, and a current price of $1,150. At what rate would Market enterprise expect to issue thier bonds, assuming annual nterest payments? a3.2% b 5.9% c 5% d 4.8%

Reference no: EM13611599

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