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#31 A $1,000 par bond with a 8% annual coupon trades at a price of $1,288. If the bond has 10 years to maturity, what
#31 A $1,000 par bond with a 8% annual coupon trades at a price of $1,288. If the bond has 10 years to maturity, what is the yield to maturity?
A. 9.59%
B. 4.43%
C. 4.38%
D. 4.41%
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The Oxford Guide To Financial Modeling
Authors: Thomas S Y Ho, Sang Bin Lee
1st Edition
019516962X, 9780195169621
