Question

What is the amount of the annual coupon payment for a bond that has 6 years...

What is the amount of the annual coupon payment for a bond that has 6 years until maturity, sells for $1,050, and has a yield to maturity of 9.37%?
Select one:
A. $95.27
B. $104.97
C. $98.64
D. $101.38

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