Question: You are analyzing a 1 8 - year, $ 1 , 0 0 0 par value bond which has a yield to maturity of 9

You are analyzing a 18-year, $1,000 par value bond which has a yield to maturity of 9.21 percent from The Glam Company. If the bond is quoted at 102.69 percent of face value, what must be the coupon rate for this annual-pay bond?
8.09%
19.04%
9.52%
4.76%
9.66%
 You are analyzing a 18-year, $1,000 par value bond which has

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