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11 2.5 points A bond currently sells for $947. If it has a yield-to-maturity of 9.0%, par value of $1,000 and 7 years remaining until
11 2.5 points A bond currently sells for $947. If it has a yield-to-maturity of 9.0%, par value of $1,000 and 7 years remaining until maturity, what must be its coupon rate? Assume the bond pays coupons semi-annually. Enter your answer as an annualized rate in decimal form showing 4 decimal places. For example, if your answer is 8.52%, enter .0852. Type your
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