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Question 12 2.3 pts Ottertail Industries has bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000 and

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Question 12 2.3 pts Ottertail Industries has bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000 and a current price of $1.108.60. At this price, the bonds yield 7.20 percent. What is the coupon rate? 8.93 percent 8.46 percent 9.01 percent 9.32 percent 8.78 percent

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