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Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 6.4 percent. The bond sells for $1,043.47 and matures

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Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 6.4 percent. The bond sells for $1,043.47 and matures in 20 years. The par value is $1,000. What is the YTM of the bond? Multiple Choice 6.02% 5.42% 4.52% 3.01% 5.72%

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