Question
1. Brian May is considering a corporate bond with the following features: matures in 5 years, has a 4.25% coupon interest rate, and is currently
1.
Brian May is considering a corporate bond with the following features: matures in 5 years, has a 4.25% coupon interest rate, and is currently priced at $100.75 per $100 in face value. The yield to maturity is closest to:
| A. | 2.0406%. | |
| B. | 2.0413%. | |
| C. | 4.0826%. |
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
14th Edition
0357516664, 978-0357516669
