Question: Assignment Score: 3239 Save Submit Assignment for Grading MC.05.060.Algo Question 14 of 30 Check My Work Field Industries' outstanding bonds have a 25-year maturity and

Assignment Score: 3239 Save Submit Assignment for Grading MC.05.060.Algo Question 14 of 30 Check My Work Field Industries' outstanding bonds have a 25-year maturity and $1,000 par value. Their nominal yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of $1,150. What is the bond's nominal (annual) coupon interest rate? Select the correct answer. a. 10.3596 b. 10.80 c. 10.6596 d. 10.50% e. 10.2096 15 11/6

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