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Wingler Inc. ' s outstanding bonds have a $ 1 , 0 0 0 par value, and they mature in 1 5 years. Their nominal

Wingler Inc.'s outstanding bonds have a $1,000 par value, and they mature in 15 years. Their nominal annual yield to maturity is 8.0%, they pay interest semiannually, and they sell at a price of $827.50. What is the bond's nominal coupon rate?
a.3.00%
b.4.20%
c.5.45%
d.6.00%
e.8.28%

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