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!!!! For question 16 the cost of goods is $5,000,000. Please answer both questions and I will give thumbs up. Thank you very much. !!!!!

image text in transcribed !!!! For question 16 the cost of goods is $5,000,000. Please answer both questions and I will give thumbs up. Thank you very much. !!!!!

40 A $1,000,000 bond with a 6% coupon rate has 7 years to maturity, it is selling for $835,750. Calculate the bond's yield to maturity (solve for the bond's interest or required rate...go to YouTube if needed) a. 6.25% b. 9.30% c. 10.29% d. 13.50%

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