What happens to the coupon rate of a bond that pays 80, Financial Management

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What happens to the coupon rate of a bond that pays 80

What happens to the coupon rate of a bond that pays $80 annually in interest of interest rates change from 9% to 10%?

A- the coupon rate increases to 10%

B- the coupon rate remains at 9%

C- the coupon rate remains at 8%

D- the coupon rate decreases to 8%

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Financial Management: What happens to the coupon rate of a bond that pays 80

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Financial Management: What happens to the coupon rate of a bond that pays 80

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