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O'Brien Ltd . ' s outstanding bonds have a $ 1 , 0 0 0 par value, and they mature in 2 5 years. Their

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 $1,125. What is the bond's nominal coupon interest rate?
9.28%
12.75%
10.54%
8.12%
12.44%
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