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Larrys Landscaping has a 9 year bond currently priced at $998.67. This bond has a $1,000 face value and a 3.28% coupon paid semi-annually. What

Larrys Landscaping has a 9 year bond currently priced at $998.67. This bond has a $1,000 face value and a 3.28% coupon paid semi-annually. What is the yield to maturity?

  1. 1.65 percent

  2. 2.42 percent

  3. 3.30 percent

  4. 3.32 percent

  5. 4.84 percent

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