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Thiago Corp. has bonds on the market with 15.5 years to maturity that make semiannual payments, a YTM of 6.2 percent, a par value of
Thiago Corp. has bonds on the market with 15.5 years to maturity that make semiannual payments, a YTM of 6.2 percent, a par value of $1,000, and a current price of $1,039. Compute the coupon rate on Thiago Corp. bonds? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Coupon rate %
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