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QUESTION 35 The Bank of Credit and Commerce international's (BCC) bonds mature in 13 years, currently sell for 51,095, yield an annual 6.4 percent, and

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QUESTION 35 The Bank of Credit and Commerce international's (BCC) bonds mature in 13 years, currently sell for 51,095, yield an annual 6.4 percent, and make semiannual payments of 537 4372. What is the annual coupon rate on these bonds? 3.7437 percent 74874 percent 7/1983 percent 374372 percent 747844 percent

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