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3M bonds are currently trading at $1,104.07. The bonds have a face value of $1,000, an annual coupon rate of 6.75%, and mature in 4
3M bonds are currently trading at $1,104.07. The bonds have a face value of $1,000, an annual coupon rate of 6.75%, and mature in 4 years. What is the yield-to-maturity?A. 3.89% B. 6.25% C. 8.04% D. 7.25% E. 6.85%
A. 3.89%
B. 6.25%
C. 8.04%
D. 7.25%
E. 6.85%
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