Assuming an annual market interest rate of 14 and that the, Financial Management

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Assuming an annual market interest rate of 14 and that the

Tilton Inc. has a bond outstanding that has a 1,000 par value and a market price of $894.06. The bond has 10 years remaining to maturity. Assuming an annual market interest rate of 14% and that the bond pays interest semiannually, calculate the ANNUAL coupon rate on the bond (Round to nearest whole percentage)

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Financial Management: Assuming an annual market interest rate of 14 and that the

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Financial Management: Assuming an annual market interest rate of 14 and that the

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