P7-8 Coupon Rates [LO2] McConnell Corporation has bonds on the market with 17 years to maturity, a YTM of 8.2 percent, a par value of $1,000, and a current price of $1,186.50. The bonds make semiannual payments. What must the coupon rate be on these bonds? Multiple Choice 20.54% O 8.64% 10.25% O 10.35% O O 17.31%