Amazon Inc. has bonds on the market with 20 years to maturity, a YTM of 7.2 percent, a par value of $1,000, and a current price of $1,186.50. The bonds make semiannual payments. What must the coupon rate be on these bonds? Multiple Choice O 17.98% 8.97% 9.07% 7.56% 15.15%

Amazon Inc. has bonds on the market with 20 years to maturity, a YTM of 7.2 percent, a par value of $1,000, and a current price of $1,186.50. The bonds make semiannual payments. What must the coupon rate be on these bonds? Multiple Choice 17.98% 8.97% 9.07% 7.56% 15.15%