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Company A's bonds have a $1,000 par value. and they mature in 30 years. The nominal, annual yield to maturity is 8.25%, but they pay

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Company A's bonds have a $1,000 par value. and they mature in 30 years. The nominal, annual yield to maturity is 8.25%, but they pay interest semiannually, and their current price is $935. What is the bond's nominal coupon interest rate?

  • a. 3.83%
  • b. 7.66%
  • c. 7.71%
  • d. 8.25%
  • e. 7.49%

nominal coupon interest rate? a. 3.83% b. 7.66% c. 7.71% d. 8.25% ee. 7.49% nominal coupon interest rate? a. 3.83% b. 7.66% c. 7.71% d. 8.25% ee. 7.49%

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