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A $1000, 25-year bond carrying a coupon rate of 8.00% was issued at a $32 premium. What was the market rate of return at the

A $1000, 25-year bond carrying a coupon rate of 8.00% was issued at a $32 premium. What was the market rate of return at the time the bond was issued? Multiple Choice 8.000% compounded semiannually 7.815% compounded semiannually 6.400% compounded semiannually 8.306% compounded semiannually 7.709% compounded semiannually

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