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AB Builders, Inc., has 23-year bonds outstanding with a par value of $2,000 and a quoted price of 98.173. The bonds pay interest semiannually and

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AB Builders, Inc., has 23-year bonds outstanding with a par value of $2,000 and a quoted price of 98.173. The bonds pay interest semiannually and have a yield to maturity of 6.77 percent. What is the coupon rate? Multiple Choice 6.28% 0 9.92% 5.95% 0 13.22% 6.61%

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