What Is the Yield to Maturity of a Bond with 10

question 76

Multiple Choice

What is the yield to maturity of a bond with 10 years to maturity and a coupon of 15%? The current price of this bond is $1,109. Assume interest is paid annually.

• A) 12.0%
• B) 12.5%
• C) 13.0%
• D) 13.5%

---

Definitions:

Reinforcement

In organizational behavior, the use of rewards or punishments to increase or decrease the likelihood of a specific behavior being repeated.

Managers

Individuals responsible for planning, leading, organizing, and controlling an organization or team to achieve specific goals.

Effective Use

Refers to the optimal application and utilization of resources or strategies to achieve desired outcomes efficiently.

Punishment

A consequence that is imposed following undesirable behavior, intended to discourage that behavior in the future.