Question $8$

John Nash Inc. issued a $$1,000$ par value noncallable bond several years ago, that now coupon that is paid quarterly. The bond currently sells for $$925,$ and the company's ta debt?

$2\mathrm{.}32\%$

$4\mathrm{.}65\%$

$8\mathrm{.}56\%$

$1\mathrm{.}16\%$

$9\mathrm{.}29\%$