Question 1 (of 10 10.00 points Problem 6-8 Coupon Rates [LO 21 Volbeat Corporation has bonds on the market with 16 years to maturity, a YTM af 10.5 percent, a par vaiue of $1.000, and a current price of $943. The bonds make semiannual payment What must the coupon rate be on the bonds? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g-32.16.) Coupon rate References eBook & Resources Worksheet Difficulty: 1 Basic Section: 6.1 Bonds and Bond Valuation Learning Objective: 0602 Describe bond values and why they fluctuate Problem 68 Coupon Rates [Lzj 0