M&M Manufacturing has an outstanding issue of bonds with a $1,000 face value. The bonds have a remaining life of exactly 25 years, and they pay semi-annual coupons. The current price of $886.37 implies an annual yield to maturity (YTM) of 9%. What is the coupon rate? O A. 3.92% B. 7.96% C. 7.85% D. 3.98% E. 7.47%