What must the coupon rate be on the bonds

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1. What Do you think the advantages and disadvantages between FX and stocks? I have heard that FX has a higher risk and higher returns than other investments.

2. Kiss the Sky Enterprises has bonds on the market making annual payments, with 10 years to maturity, and selling for $870. At this price, the bonds yield 11.0 percent. What must the coupon rate be on the bonds?

Reference no: EM131982031

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