Question: 7. A coupon bond with $2000 face value, 10-years to maturity, quoted at 6% APR with semi-annual compounding is currently trading at $2223. 162. What

7. A coupon bond with $2000 face value, 10-years to maturity,

7. A coupon bond with $2000 face value, 10-years to maturity, quoted at 6% APR with semi-annual compounding is currently trading at $2223. 162. What is its coupon rate? A) 5% B) 6% C) 8% D) 7.5% E) 3.75%

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