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Chandrika pays $32,486.22 for a 10 year, $25,000.00 face value bond. The bond yield is j (52) = 2.250%. Find the coupon rate r (2)

Chandrika pays $32,486.22 for a 10 year, $25,000.00 face value bond. The bond yield is j(52) = 2.250%. Find the coupon rate r(2) for the bond.

a.

5.000%

b.

5.125%

c.

5.500%

d.

5.625%

e.

6.250%

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