Question: You are analyzing a 11-year, $1,000 par value bond which has a yield to maturity of 9.98 percent from The Glam Company. If the bond

You are analyzing a 11-year, $1,000 par value bond which has a yield to maturity of 9.98 percent from The Glam Company. If the bond is quoted at 104.69 percent of face value, what must be the coupon rate for this annual-pay bond? 5.35% 9.10% 21.40% 11.11% 10.70%

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