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The long-term bonds of Topstone Industries pay semiannual coupons, have a face value of $1,000, a 10% yield to maturity, and mature in 10 years.
"The long-term bonds of Topstone Industries pay semiannual coupons, have a face value of $1,000, a 10% yield to maturity, and mature in 10 years. Find the coupon rate if the bonds are currently selling for $1,125."
11.60%
12.03%
11.20%
10.80%
12.01%
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