Your Investment Advisor faxed you the following information for a semi$-$annual coupon bond that he wants you to consider as a potential investment. Unfortunately, your fax machine is blurring some of the information. All you could read on is the following information:

PWL Coupon Bond

Face Value $($Par$)$

$$1,000$

what is the Coupon Rate if not given?

Yield to Maturity

$8\mathrm{.}5\%$

Years to Maturity

$20$

Price

$$777\mathrm{.}96$

Question $7$Answer

a$.$

$3\mathrm{.}5\%$

b$.$

$6\mathrm{.}17\%$

c$.$

$7\%$

d$.$

$3\mathrm{.}09\%$