Find the Yield-To-Maturity of a 5% Two-Year Bond That Has

question 17

Multiple Choice

Find the yield-to-maturity of a 5% two-year bond that has a price of $102. Assume coupons are paid quarterly.

• A) 4.33%
• B) 4.44%
• C) 4.55%
• D) 4.66%

---

Definitions:

Strict Liability Cases

Legal cases where the defendant can be held liable for harm without proof of negligence or intent to harm, based on inherently risky activities or defective products.

Technologically Feasible

Capable of being achieved or implemented with the current state of technical knowledge and resources.

Breach Of Express Warranty

The failure to fulfill the specific and stated promises regarding the quality or function of a product or service.

Basis Of Bargain

Basis of bargain refers to the essential facts and expectations that form the foundation for a contract or agreement between parties.