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Footsteps Co. has a bond outstanding with a coupon rate of 5.9 percent and annual payments. The bond currently sells for $984.29, matures in 23

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Footsteps Co. has a bond outstanding with a coupon rate of 5.9 percent and annual payments. The bond currently sells for $984.29, matures in 23 years, and has a par value of $1,000. What is the YTM of the bond? Multiple Choice 6.03% 5.99% 5.02% 590% 5.90% 5.43% 5.43%

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