What Is the Yield to Maturity of a Ten-Year, $10,000

question 18

Multiple Choice

What is the yield to maturity of a ten-year, $10,000 bond with a 5.4% coupon rate and semiannual coupons if this bond is currently trading for a price of $9207.93?

• A) 7.79%
• B) 9.08%
• C) 6.49%
• D) 3.24%

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High Profits

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