What Is the YTM of a Four-Year Bond with a Par

question 24

Multiple Choice

What is the YTM of a four-year bond with a par value of $1,000 and a 4 percent coupon rate when the bond pays coupons semi-annually and is priced at $932.35?

• A)2.96%.
• B)5.92%.
• C)5.95%.
• D)11.84%.

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Definitions:

Genetic Variation

The diversity in gene frequencies within a population, resulting from mutations, genetic recombination, and other processes.

Phenotypic Variance

The variation in observable traits or characteristics within a population, attributable to both genetic and environmental factors.

Dividing

Dividing is the act of separating or partitioning an object, number, or amount into smaller parts or sections.

Dizygotic Twins

Also known as fraternal twins, these are siblings born from two separate eggs fertilized by two different sperm, resulting in genetically distinct individuals born at the same time.