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Crossfade Corp. has a bond with a par value of $2,000 that sells for $1,917.12. The bond has a coupon rate of 7.02 percent and

Crossfade Corp. has a bond with a par value of $2,000 that sells for $1,917.12. The bond has a coupon rate of 7.02 percent and matures in 20 years. If the bond makes semiannual coupon payments, what is the YTM of the bond? Multiple Choice 7.42% 3.71% 5.57% 7.05% 6.68%

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