What Is the Yield to Maturity of a Consol with a Coupon

question 37

Multiple Choice

What is the yield to maturity of a consol with a coupon of $85 and a price of $944.44?

• A)5.56%
• B)8.50%
• C)9.00%
• D)Not enough information has been provided to determine the answer.

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Definitions:

Mary Whiton Calkins

An early American psychologist who became the first woman to serve as President of the American Psychological Association.

Innate Ability

Natural skills or talents that an individual is born with, not acquired or learned through experience.

Learned Skill

A capability acquired or developed through practice, training, or experience.

Nature

The inherent qualities or characteristics of an organism, or the physical world collectively, including plants, animals, the landscape, and other features and products of the earth.