Question

Teek St" deotamenty seek an 1100%ithin What is the coupon rate ansocialed with Trek Star bonds? Mas, %s n required. Wu' accept deci nal tormat rounded to 4decinal places feE 0.00241, Enter Answer Here ○圏自田 e to search 8 0 23

Answer 1

Image is not very clear. I am guessing the coupon mentioned here is $96.25. If it has a different value, please put it in comments and i will re do the question.

Coupon rate = (coupon / face value) * 100

Coupon rate = (96.25 / 1,000) * 100

Coupon rate = 9.63% or 0.09625