What Is the Yield to Maturity, to the Nearest Percent

question 12

Multiple Choice

What is the yield to maturity, to the nearest percent, for the following bond: current price is $908, coupon rate is 11 percent, $1,000 par value, interest paid annually, eight years to maturity?

• A) 11 percent
• B) 12 percent
• C) 13 percent
• D) 14 percent

---

Definitions:

Community-Based

Refers to programs or services that are developed and operated within a specific community, focusing on the participation and interests of its members.

Primary Prevention

Actions taken to prevent diseases or injuries before they occur.

Teaching Parenting Skills

The process of educating and guiding parents or guardians in effective child-rearing practices, promoting positive communication, discipline, and emotional support.

Medication Nonadherence

The failure to take prescribed medications as directed, which can compromise the effectiveness of treatment.