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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.

8.25%

d.

7.49%

e.

7.71%

Company A's bonds have a S1,000 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? O a. 3.83% O b. 7.66% O c. 8.25% O d. 7.49% O e. 7.71%

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