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QUESTION 6 Jensen Corporations' bonds were issued two years ago and have 8 more years till maturity. The bonds were issued at $1,000 par, but

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QUESTION 6 Jensen Corporations' bonds were issued two years ago and have 8 more years till maturity. The bonds were issued at $1,000 par, but the latest market price has fallen to $975 and the bonds have a yield to maturity of 11.5%. Based on this information, what coupon rate is attached to the bond? a. 12% b. 15% c. 13% d. 14% e. 11%

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