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Following is the most recent FINRA bond quote for a Kimberly Clark Inc. corporate bond. (Assume semi-annual coupons) Company (ticker) Coupon Maturity Last Price Kimberly

Following is the most recent FINRA bond quote for a Kimberly Clark Inc. corporate bond. (Assume semi-annual coupons)

Company (ticker) Coupon Maturity Last Price

Kimberly Clark (KMB) 7.500 Apr 30, 2040 112.350

For investors that purchase this Kimberly Clark, Inc. Corporate Bond, what is the YTM? (Assume today is April 30, 2020)

a. 6.68%

b. 7.50%

c. 6.40%

d. 3.34%

e. 3.20%

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