A bond is currently selfing for R$845$ and the par value of

the bond is R$1000,$ with $16$ years left to maturity. The

interest on this bond is paid every three mionths and the

yield to maturity is $12\%.$ What is the coupon rate of the

bond?

a$.9,78\%$

b$.9,81\%$

c$.9,30\%$

d$.9,63\%$