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Icemoon Incorporation has bonds with 12 years to maturity, a par value of $1,000, a YTM of 8 percent, and a current price of 847.53.
Icemoon Incorporation has bonds with 12 years to maturity, a par value of $1,000, a YTM of 8 percent, and a current price of 847.53. The bonds make semiannual payments. What must be the coupon rate be on these bonds? Online calculator: https://www.desmos.com/scientific? O a. 5.73 percent O b. 6 percent O c. 4 percent O d. 8.73 percent O e. 7.52 percent
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