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Gabriele Enterprises has bonds on the market making annual payments, with 16 years to maturity, a par value of $1,000, and selling for $800. At

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Gabriele Enterprises has bonds on the market making annual payments, with 16 years to maturity, a par value of $1,000, and selling for $800. At this price, the bonds yield 6.5 percent. What must the coupon rate be on the bonds? Multiple Choice O 6.50% 8.90% O 5.57% O O 4,45% O 4.55%

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