Use the Following Information to Answer the Question(s)below

question 30

Multiple Choice

Use the following information to answer the question(s) below.
-Consider a four-year,default-free bond with an annual coupon rate of 4.5% and a face value of $1000.The YTM on this bond is closest to:

• A)3.85%.
• B)4.20%.
• C)4.35%.
• D)4.40%.

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Definitions:

Written Media

Forms of communication and expression that involve writing, ranging from books and newspapers to emails and social media posts.

Mobile Devices

Portable electronic gadgets, such as smartphones and tablets, that allow users to access, store, transmit, and manipulate information.

Business Communication

The process of sharing information within and outside of an organization to achieve business objectives.

Portability And Flexibility

The ease with which something can be moved or adapted to different situations or requirements.