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A treasury bond is priced in The Wall Street Journal at 84:7. The bond pays 6.25% interest with semiannual coupons and matures exactly 14 years
A treasury bond is priced in The Wall Street Journal at 84:7. The bond pays 6.25% interest with semiannual coupons and matures exactly 14 years from today. What is the yield to maturity of this bond?
A. 7.15%
B. 7.79%
C. 7.25%
D. 8.16%
E. 9.16%
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