A Bond Has Five Years to Maturity, a $1000 Face

question 98

Multiple Choice

A bond has five years to maturity, a $1000 face value, and a 5.5% coupon rate with annual coupons. What is its yield to maturity if it is currently trading at $846.11?

• A) 11.41%
• B) 13.31%
• C) 7.61%
• D) 9.51%

---

Definitions:

Type of Therapy

Refers to various treatments or interventions designed to alleviate symptoms, treat disease, or improve well-being.

Genome

The complete set of genetic material, including all the genes, present in an organism or a cell.

Humans

Homo sapiens, the only extant species of the genus Homo, characterized by advanced cognitive abilities and the capacity for culture and language.

Fruit Flies

Small flies, often used as model organisms in genetic research, belonging to the genus Drosophila.