?Cold Boxes Corporation has 100 bonds outstanding with a maturity value of $1,000. The required rate of return on these bonds is currently 10 percent, and interest is paid semiannually. The bonds mature in 5 years, and their current market value is $768 per bond. The annual coupon interest rate is: (Round the answer to the nearest whole number.)
A. ?8%.
B. 6%.?
C. 4%.?
D. 2%.?
E. ?0%.
Answer: C
Business
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