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5. Consider an annual coupon bond with a 12% annual coupon rate, 4 years to maturity and a face value of S1,000. The current market

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5. Consider an annual coupon bond with a 12% annual coupon rate, 4 years to maturity and a face value of S1,000. The current market price is $1,000. What is the yield to maturity? [Hints: no calculation is required! A. 13.3% B. 13.00% C. 12.37% D. 12.00% E. 11.29% 6. Which of the following is correct for a premium bond? A. YTM > Current Yield > Coupon Rate B. YTM

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