21. Big Pear has 10,000 outstanding bonds. These bonds have a 30-year maturity and $1,000 par value. Their yield to maturity is 9%, they pay interest semiannually, and they sell at a price of $1,206.38. What is the bond's coupon interest rate?

Question 21 options:

	6%
	7%
	8%
	9%
	10%
	11%