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Suppose you were offered a 14-year, 10% annual coupon, $1,000 par value bond at a price of $1,494.93. What market rate of interest would you

Suppose you were offered a 14-year, 10% annual coupon, $1,000 par value bond at a price of $1,494.93. What market rate of interest would you earn on your investment if you bought the bond, held it to maturity, and received the promised interest payments and maturity value? a. 10.0% ob 8.5% c. 5.0%

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