Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years left to maturity; it is a $1,000 par value bond paying 8 percent interest semiannually. The market price of the bond is $850.

Find the yield-to-maturity of the bond.

A. 8.46%

B. 9.13%

C.9.5%

D.10.45%

E.12.20%

Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years left to maturity; it is a $1,000 par value zero coupon bond. The market price of the bond is $850.

Find the value of the bond to you.

	A.	$395.60
	B.	$422.41
	C.	$550.12
	D.	$590.90
	E.	$605.12