Question: Consider the following bond where the coupons are paid annually, Bond Price YTM Years to maturity Bank of Montreal $954.50 11% 12 years What

Consider the following bond where the coupons are paid annually, Bond Price Bank of Montreal $954.50 11% 12 years YTM Years t

Consider the following bond where the coupons are paid annually, Bond Price YTM Years to maturity Bank of Montreal $954.50 11% 12 years What is the coupon rate of this bond? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below. Enter your answer rounded to 2 DECIMAL PLACES. Number %

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