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A semiannual-coupon bond TEMPhas remaining 13 years to maturity. It TEMPhas a YTM of 7.6%...

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Finance

A semiannual-coupon bond TEMPhas remaining 13 years to maturity. It TEMPhas a YTM of 7.6% wif the current price of RM 901.98. The face value is RM 1,000. Wat is the stated coupon rate?

Select one:

a. 6.50 percent

b. 6.38 percent

c. 6.40 percent

d. 3.20 percent

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