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What is the coupon rate of a nine-year, $10,000 bond with semiannual coupons and a price of $8,451.14 , if it has a yield to

What is the coupon rate of a nine-year,

$10,000

bond with semiannual coupons and a price of

$8,451.14

, if it has a yield to maturity of

8%

?\ A.

7.774%

\ B.

5.553%

\ C.

4.442%

\ D.

6.664%

What is the coupon rate of a nine-year, $10,000 bond with semiannual coupons and a price of $8,451.14, if it has a yield to maturity of 8% ? A. 7.774% B. 5.553% C. 4.442% D. 6.664%

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