What Is the Yield to Maturity for a Four-Year,5% Annual

question 68

Multiple Choice

What is the yield to maturity for a four-year,5% annual coupon bond selling for $965.34?

• A) 3%
• B) 4%
• C) 5%
• D) 6%
• E) 7%

---

Definitions:

Rods

Photoreceptor cells in the retina of the eye that are responsible for vision at low light levels but do not mediate color vision.

Peripheral Vision

The part of vision that occurs outside the very center of gaze, allowing humans to perceive objects and movements at the edges of their visual field.

Rod Cells

Photoreceptor cells in the retina of the eye that are responsible for vision at low light levels and are not involved in color vision.

Cone Cells

Photoreceptor cells in the retina of the eye responsible for color vision and visual acuity under bright light conditions.