Question: You are analyzing Stark Inc's bonds, which have par value of $1,000, 9 years remaining until maturity, a YTM of 7.5%, and a current price

You are analyzing Stark Inc's bonds, which have par value of $1,000, 9 years remaining until maturity, a YTM of 7.5%, and a current price of $1,141. What must be the coupon rate? Assume the bond pays coupons semi-annually. Enter your answer as a decimal showing 4 decimal places. For example, if your answer is 8.52%, enter .0852.

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