Question
Match the yield to maturity to the terms of the bond. All of these bonds pay interest twice a year. A $1,000 par value bond
Match the yield to maturity to the terms of the bond. All of these bonds pay interest twice a year. "A $1,000 par value bond that matures in 9 years is currently selling for $973.54. The bond pays $50.00 of interest every six months." "A $1,000 par value bond that matures in 8 years is currently selling for $1,072.90. The bond pays $26.00 of interest every six months." "A $1,000 par value bond that matures in 7 years is currently selling for $1,204.30. The bond pays $54.00 of interest every six months." "A $1,000 par value bond that matures in 11 years is currently selling for $1,102.75. The bond pays $39.00 of interest every six months." "A $1,000 par value bond that matures in 7 years is currently selling for $1,168.33. The bond pays $64.00 every six months." A. 7.05% B. 6.48% C. 9.46% D. 10.46% E. 4.12%
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