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Snikiky Industrial Goods has bonds on the market making scmi-annual paymenes of $359047, with 12 ycars to maturity, and selling for $1,100. At this price,

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Snikiky Industrial Goods has bonds on the market making scmi-annual paymenes of $359047, with 12 ycars to maturity, and selling for $1,100. At this price, the bonds yidid six per ceet. Whas is the asunal coupon rate on thesc bonds? A. 71.8095 per cent. a. 7189 per cent. C. 3.59 per cest. D. 2.1927 per cent. E. 35.9047 per cent

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