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AEP's outstanding bonds have a $1,000 par value, and they mature in 30 years. Their nominal annual, not semiannual yield to maturity is 10.55%, they

AEP's outstanding bonds have a $1,000 par value, and they mature in 30 years. Their nominal annual, not semiannual yield to maturity is 10.55%, they pay interest semiannually, and they sell at a price of $1025. What is the bond's nominal coupon interest rate?

Group of answer choices 7.87% 10.83% 4.86% 11.93% 5.41%

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