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1 pts Fluffy Textiles has an outstanding bond that has a face value of $1,000 and a coupon rate equal to 7 percent (paid semiannually).

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1 pts Fluffy Textiles has an outstanding bond that has a face value of $1,000 and a coupon rate equal to 7 percent (paid semiannually). The bond, which matures in 16 years, is currently selling for $1,170. What is the bond's yield to maturity (YTM)? 5.39% O 5.82% 0 5.40% O 4.45% O 2.70%

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