The Bonds Issued by Manson & Son Bear a 6

question 9

Multiple Choice

The bonds issued by Manson & Son bear a 6% coupon,payable semiannually. The bond matures in 8 years and has a $1,000 face value. Currently,the bond sells at par. What is the yield to maturity?

• A) 5.87%
• B) 5.97%
• C) 6.00%
• D) 6.09%
• E) 6.17%

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