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A bond has a par value of $1,000 , current yield of 755 percentand semiannual The band quoted at 99.61 What is the coupon rate

A bond has a par value of \$1,000 , current yield of 755 percentand semiannual The band quoted at 99.61 What is the coupon rate of the bond? image text in transcribed
A bond has a par value of $1,000, a current yield of 7.55 percent, and semiannual coupon payments. The bond is quoted at 99.61. What is the coupon rate of the bond? Multiple Choice 7.55% O 15.10 8.46%

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