Question
A bond has a coupon of 6%, pays interest annually, has a par value of $1,000, matures in 5 years, and is selling today at
A bond has a coupon of 6%, pays interest annually, has a par value of $1,000, matures in 5 years, and is selling today at a $924.75. What is the yield-to-maturity (YTM) of this bond?
Group of answer choices
A) YTM 6.00%
B) 6.00% < YTM 7.00%
C) 7.00% < YTM 8.00%
D) 8.00% < YTM
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Option Volatility And Pricing Advanced Trading Strategies And Techniques
Authors: Sheldon Natenberg
2nd Edition
0071818774, 978-0071818773
