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company Cs bonds make an annual coupon interest payment of 7.45% every year. The bonds have a par value of 1,000$ , a current price
company Cs bonds make an annual coupon interest payment of 7.45% every year. The bonds have a par value of 1,000$ , a current price of 1,200$, and mature in 12 years. what is the yield of maturiy on these bonds?
a.) 5.17%
b.) 6.83%
c.) 9.21%
d.) 8.33%
e.) 7.25%
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