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Suppose you're evaluating a bond with an 8% coupon rate, and it pays coupons annually. The bond is currently trading at 96% of par value.

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Suppose you're evaluating a bond with an 8% coupon rate, and it pays coupons annually. The bond is currently trading at 96% of par value. If you were trying to find the yield to maturity by doing trial and error, which of the following interest rates would be the best initial guess? O A. 7% OB. 8% OC. 9% OD. 27% O E. 4% OF. All of these are reasonable guesses to begin trial and error O G. 96%

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