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A $100 bond with 4%coupon rate matures in 25 years. It bears semiannual coupons and ispurchased for $117.50 to yield i(2).A $100 bond with 5%coupon rate also matures in 25 years. It also bears semiannualcoupons, but is purchased for $135.00 to yieldi(2).What isi(2)?Less than 1.75%At least 1.75%, butless than 2.25%At least 2.25%, butless than 2.75%At least 2.75%, butless than 3.25%3.25% or more
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