Question: Question 9 (2 points) A company issues a callable (at par) ten-year coupon bond with annual coupon payments. The bond can be called at par

Question 9 (2 points) A company issues a callable (at par) ten-year coupon bond with annual coupon payments. The bond can be called at par in one year after release or any time after that on a coupon payment date. On release, it has a price of $105.20 per $100 of face value, and has a yield to call of 4.8%. What is the bond's coupon rate? 8.54% 7.10% 7.42% 10.25% 4.8%

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