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Given the fouwing information, what is the coupon rate of the bond? Years to maturity: 12 Par value: $1,000 Interest rate: 10% Current market price:

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Given the fouwing information, what is the coupon rate of the bond? Years to maturity: 12 Par value: $1,000 Interest rate: 10% Current market price: $930 Coupon payments are made semiannually. Select one O a. 8.02% O b. 10.00% OC. 8.99% O d. 7.60% Clear my choice

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