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Indicate the answer choice that best completes the statement or answers the question. O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature

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Indicate the answer choice that best completes the statement or answers the question. O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years. Their nominal annual, not semiannual yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of $975. What is the bond's nominal coupon interest rate? O a. 7.82% Ob. 8.27% c. 8.99% d. 7.91% Oe. 8.45%

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