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16. Dizzy Corp. bonds bearing an annual coupon rate of 6%, pay coupons semiannually, have 5 years remaining to maturity, and are currently priced at
16. Dizzy Corp. bonds bearing an annual coupon rate of 6%, pay coupons semiannually, have 5 years remaining to maturity, and are currently priced at $664.5 per bond. What is the yield to maturity? (The bond has a face value of $1,000) A) B) 14.00% 16.00% C) D) 18.00% 20.00%
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