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Assume you have just obtained the semiannual YTM for a bond that pays semiannual coupons. How do you state this YTM on an annual basis?

Assume you have just obtained the semiannual YTM for a bond that pays semiannual coupons. How do you state this YTM on an annual basis?

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Multiply the semiannual YTM by 2.

Divide the semiannual YTM by 2.

Take the square root of the semiannual YTM.

Square the semiannual YTM.

Calculate the logarithm of the semiannual YTM.

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