Question: 7. DefG Enterprises issues bonds with a $1,000 face value that make coupon payments of $10 every 2 months. What is the coupon rate? A)

 7. DefG Enterprises issues bonds with a $1,000 face value that

7. DefG Enterprises issues bonds with a $1,000 face value that make coupon payments of $10 every 2 months. What is the coupon rate? A) 1.5096 B) 3.00% C) 6.00% D) 9.00% E) 12.00%

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