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79. A bond has six years to maturity and has a coupon rate of 7.5 percent. Coupon payments are made annually and this bond has
79. A bond has six years to maturity and has a coupon rate of 7.5 percent. Coupon payments are made annually and this bond has a face value of $1000. This bond is selling in the market for $1127. What is the yield to maturity on this bond? A) 7.5 percent B) 5 percent C) 11.5 percent D) 2.5 percent E) None of the above B 5% PLEASE SHOW WORK
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