Question: Question 19 (1 point) A bond has a $1,000 face value, a market price of $1,050, and pays interest payments of $71.50 every year. What

Question 19 (1 point) A bond has a $1,000 face value,

Question 19 (1 point) A bond has a $1,000 face value, a market price of $1,050, and pays interest payments of $71.50 every year. What is the coupon rate? 1) 6.76 percent 2) 7.00 percent 3) 7.15 percent 4) 7.45 percent 5) 8.14 percent

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