explain plzz

YTM with Annual Coupons Consider a bond with a 10 percent annual coupon rate, 15 years to maturity, and a par value of $1,000. The current price is $928.09. [Hint: Use approximate YTM +10.3% ] - YTM is more or less than 10 percent? - Use approximate YTM + 0.3% or YTM 0.3% ? YTM with Annual Coupons Consider a bond with a 10 percent annual coupon rate, 15 years to maturity, and a par value of $1,000. The current price is $928.09. [Hint: Use approximate YTM +10.3% ] - YTM is more or less than 10 percent? - Use approximate YTM + 0.3% or YTM 0.3%