A coupon bond makes payments of $24 every quarter for ten years with a final payment of $1,524. Which of the following best describes this bond?

Select one:

A.A 10-year bond with a face value of $1,500 and a coupon rate of 7.4% with quarterly payments.

B.A 10-year bond with a face value of $1,500 and a coupon rate of 6.4% with quarterly payments.

C.A 10-year bond with a face value of $1,524 and a coupon rate of 7.4% with quarterly payments.

D.A 10-year bond with a face value of $1,524 and a coupon rate of 6.4% with quarterly payments.