Amazon Inc. has bonds on the market with $16$ years to maturity, a YTM of $10\mathrm{.}0$ percent, a

par value of $$1,000,$ and a current price of $$1,316\mathrm{.}50.$ The bonds make semiannual

payments. What must the coupon rate be on these bonds?

Multiple Choice

$14\mathrm{.}11\%$

$14\mathrm{.}01\%$

$28\mathrm{.}09\%$

$10\mathrm{.}64\%$

$21\mathrm{.}34\%$