Jerry just purchased a bond paying semiannual interest for a price of $1, 000. Yields on bonds of similar risk are 10.8% The bond has a face value of $1, 000. Based on this information, the coupon rate of the bond is: (Select the best choice below.) The coupon rate of the bond is 11.6% The coupon rate of the bond is 12% The coupon rate of the bond is 10.8% The coupon rate of the bond is 10.4% We need the maturity of the bond to solve this