P7-8 Coupon Rates [LO2] 18 Ashes Divide Corporation has bonds on the market with 13 years to maturity, a YTM of 6.8 percent, and a current price of $1,276.50. The bonds make semiannual payments. What must the coupon rate be on these bonds? (Do not round your intermediate calculations.) 1 points References Multiple Choice 20.14% 10.14% 15.78% 7.86% 10.04%