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7. The bonds issued by XYZ Corporation are traded at par. Coupons are paid annualy and the coupon rate is 8%. There are 8 years

7. The bonds issued by XYZ Corporation are traded at par. Coupons are paid annualy and the coupon rate is 8%. There are 8 years left to maturity. The face value of a bond is $1,000. What is the bond's yield-to-maturiy (YTM)?

A. 5%

B. Not able to calculate the number

C. 10%

D. 8%

E. 6%

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