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A 15 year bond pays interest semi annually. The bond's price today (T=0) is $84,627.55. The bond has a face value of $100,000. The bonds

A 15 year bond pays interest semi annually.

The bond's price today (T=0) is $84,627.55.

The bond has a face value of $100,000.

The bonds yield to maturity is 10.0%.

What is the the bonds annualized coupon rate?

Group of answer choices

3.2%

3.6%

7.2%

7.8%

8.0%

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