If the semi-annual coupons of a bond are $40, the price of the bond is $1,020, and the current yield to maturity is 9%, what is the coupon rate?

	A) 4%
	B) 8%
	C) 4.5%
	D) 9%
	E) None of the above

If the semi-annual coupons of a bond are $40, the price of the bond is $1,020, and the current yield to maturity is 9%, what is the coupon rate? Question 17 options: A) 4% B) 8% C) 4.5% D) 9% E) None of the above