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18) Bryant Inc. just issued $1,000 par 30-year bonds. The bonds sold for $1,107 20 and pay interest semiannually. Investors require an effective annual yield

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18) Bryant Inc. just issued $1,000 par 30-year bonds. The bonds sold for $1,107 20 and pay interest semiannually. Investors require an effective annual yield of 7.9% on the bonds. What is the bonds! coupon rate? A) 4.419% B) 8.839% C) 4.338% D) 8.675%

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