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NG Trust Company's chief investment officer is explajning some bond concepts to his recently hired analyst. He uses the following sample bond: B2 Software bonds

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NG Trust Company's chief investment officer is explajning some bond concepts to his recently hired analyst. He uses the following sample bond: B2 Software bonds currently trading at 98.5 per cent of par {par value = $1,000} earn a coupon of 5.6%. The bonds were issued two years ago with a final maturity of 20 years and make semi-annual payments. The yield to maturity [Select ] % 2.8635 5.7279 5.6000

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