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QUESTION 1 Riverhawk Corporation has a bond outstanding with a market price of $1,250.00. The bond has 10 years to maturity, pays interest semiannually, and

QUESTION 1

Riverhawk Corporation has a bond outstanding with a market price of $1,250.00. The bond has 10 years to maturity, pays interest semiannually, and has a yield to maturity of 9%. What is the bonds coupon rate?

A.
9.77%

B.
12.08%

C.
10.54%

D.
13.61%

E.
12.84%

F.
11.31%

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