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Bauer inc's bonds currently sell fro $1,275 and have a par value of $1,000. they pay a $70 annual coupon and have a 20-year maturity.
Bauer inc's bonds currently sell fro $1,275 and have a par value of $1,000. they pay a $70 annual coupon and have a 20-year maturity. what is their yield to maturity (YTM) ?
a.3.98%
b..3.13%
C.4.83%
d.2.27%
E.5.67%
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