What Is the Yield to Maturity of a Corporate Bond

question 36

Multiple Choice

What is the yield to maturity of a corporate bond with a coupon rate of 6%, a par of $1,000, a term of 10 years, and a current price of $929.72?

• A) 6%
• B) 6.52%
• C) 7%
• D) 7.25%

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