Broke Benjamin Company has a bond outstanding that makes semiannual payments with a coupon rate of 5.8 percent. The bond sells for $974.17 and matures in 14 years. The par value is $1,000. What is the YTM of the bond? O 3.04% 4.56% O 5.47% O 6.08% 5.77%

Broke Benjamin Company has a bond outstanding that makes semiannual payments with a coupon rate of 5.8 percent. The bond sells for $974.17 and matures in 14 years. The par value is $1,000. What is the YTM of the bond? 3.04% 4.56% 5.47% 6.08% 5.77%