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Jiminy Cricket International, Inc. has bonds on the market with exactly 10 years to maturity. Jiminy Cricket bonds have a YTM of 5 percent and

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Jiminy Cricket International, Inc. has bonds on the market with exactly 10 years to maturity. Jiminy Cricket bonds have a YTM of 5 percent and a current price of 95% of its face value of $1,000 at $950. The bonds make only ANNUAL payments. What must be annual coupon payments on Jiminy Cricket? HINT: Find the PMT. $50.00 $45.66 $43.52 $41.12

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