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Mauve Inc.'s outstanding bonds have a $1,000 par value, and they mature in 8 years. Their nominal annual yield to maturity is 11.2%, they pay

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Mauve Inc.'s outstanding bonds have a $1,000 par value, and they mature in 8 years. Their nominal annual yield to maturity is 11.2%, they pay interest semiannually, and they sell at a price of $943. What is the bond's coupon interest rate? 10.31% B 10.10% (C) 9.79% D 9.25% (E) 8.98%

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