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b. Suppose a 5-year, 1,000 face value bond with a quoted price of 91.25 has a yield to maturity of 5%. What is the bond's

b. Suppose a 5-year, 1,000 face value bond with a quoted price of 91.25 has a yield to maturity of 5%. What is the bond's coupon rate? (Hint: The easiest way to solve this question is with the Excel annuity spreadsheet. You can also find the coupon directly and do not need to use the Excel solver. Note that the bond makes semiannual coupon payments.)

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