Whitts bbq would like to issue some 10-year, semiannual coupon bonds at par. comparable bonds have a current yield of 9.16 percent, an effective annual yield of 9.68 percent, and a yield to maturity of 9.50 percent. what coupon rate should whitts bbq set on its bonds?

-6 is the correct option from the above given options

the answer is 11.2 (i know i’m late)

step-by-step explanation:

isocolese triangle

we know that the line connect a and b is the hyptonuse

so first find the hypotonuse length using the distance formula, call the length c

since it is an isocolese triangle, the lengths of the legs are the same

using pythagorean theorem,

in this case, a=b since isocolese triangle so we get

or

we can find c so we can find the distances

we know that if we draw 2 circles, each has center at a and b, and find where they intersect, we can the 2 possible locations for c

if a has center at (xa,ya) and b has center at (xb,yb), then we can solve where

and

intersect to find where they intersect

i'm not going to put an example because i have to go to class. i hope this explanation is enough