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Suppose you're evaluating a bond with an 8% coupon rate, and it pays coupons annually...

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Suppose you're evaluating a bond with an 8% coupon rate, and it pays coupons annually (not semi-annually). The bond is currently trading at 104% of par value. If you were trying to find the yield to maturity by doing trial and error, which of the following interest rates would be the best initial guess? OA. All of these are reasonable guesses to begin trial and error O B. 4% O C. 8% O D. 27% O E. 104% O F. 9% G. 7%

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