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A 10-year bond with a 12% coupon rate, a current bond price of $1050, and a par value of $1000. What is the bonds YTM
A 10-year bond with a 12% coupon rate, a current bond price of $1050, and a par value of $1000. What is the bonds YTM if the coupon is paid semi-annually?
(A) 5.35%
(B) 5.58%
(C) 6.00%
(D) 10.71%
(E) 11.16%
(F) 12.00%
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