Question
An 8.5 percent coupon bond pays interest semiannually and has 10.5 years to maturity. The bond has a face value of $1,000 and a market
An 8.5 percent coupon bond pays interest semiannually and has 10.5 years to maturity. The bond has a face value of $1,000 and a market value of $878.50. What is the yield to maturity?
A5.16%
B8.37% C8.78%
D10.43%
E11.21%
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All About Options
Authors: Thomas McCafferty
3rd Edition
0071484795, 978-0071484794
