Question: Indicate the answer choice that best completes the statement or answers the question. O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature

Indicate the answer choice that best completes the statement or answers

Indicate the answer choice that best completes the statement or answers the question. O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years. Their nominal annual, not semiannual yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of $975. What is the bond's nominal coupon interest rate? O a. 7.82% Ob. 8.27% c. 8.99% d. 7.91% Oe. 8.45%

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