O'Reely Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years....
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O'Reely Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years. Their yield to maturity is 8.25%, and they sell at a price of $1,075. Assume that the bonds make semi-annual coupon payments. What is the bond's coupon rate? a) 9.63% Ob) 9.12% Oc) 9.62% d) 8.96% Oe) 8.02%
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