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Intro A GM and a Ford bond both have 4 years to maturity, a $1,000 par value, a BB rating and pay interest semiannually. GM

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Intro A GM and a Ford bond both have 4 years to maturity, a $1,000 par value, a BB rating and pay interest semiannually. GM has a coupon rate of 6.1%, while Ford has a coupon rate of 5.8%. Part 1 18 Attempt 2/10 for 7.5 pts. The GM bond trades at 91.69 (percent of par). What is the yield to maturity (YTM)? 3+ decimals Submit Show all parts

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