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Olmsted has a bond issue with a coupon rate of 5.5% that matures in 8 years. The bonds have a par value of $1,000 and

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Olmsted has a bond issue with a coupon rate of 5.5% that matures in 8 years. The bonds have a par value of $1,000 and a market price of $932. It interest is paid annually. what is the yield to maturity on Olmsted's bonds? 5.61 percent 6.80 percent O 6.45 percent 5.95 percent 6.62 percent

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