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Broke Benjamin Company has a bond outstanding that makes semiannual payments with a coupon rate of 5.9 percent. The bond sells for $985.72 and matures

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Broke Benjamin Company has a bond outstanding that makes semiannual payments with a coupon rate of 5.9 percent. The bond sells for $985.72 and matures in 15 years. The par value is $1,000. What is the VTM of the bond? 4.53% 5.74% 3.02% 6.05% 5.44% Question 4 10 pts Whatever, Incorporated, has a bond outstanding with a coupon rate of 5.98 percent and semiannual payments. The yield to maturity is 5.5 percent and the bond matures in 18 years. What is the marke-price if the bond has a par value of $1,000 ? $1,053.98 $1,054.41 $1,057.42 $1,056.03 $1.075.50

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