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Crossfade Corp. has a bond with a par value of $2,000 that sells for $1,923.74. The bond has a coupon rate of 6.99 percent and

Crossfade Corp. has a bond with a par value of $2,000 that sells for $1,923.74. The bond has a coupon rate of 6.99 percent and matures in 21 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?

7.35%

6.98%

5.51%

6.61%

3.67%

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