Question $15$

Now that interest rates have moved up significantly this year, you reached out to your financial advisor to buy some bonds. Your advisor sent you a list of bonds but the YTM was missing on one of them. The price of the bond listed is $$875($per $$1000)$ and it matures in $7$ years. You also noticed the bond is set to pay you $$50$ every $6$ months for each $$1000$ you own it$.$ Calculate the missing yield to maturity.

$12\mathrm{.}75\%$

$14\mathrm{.}70\%$

$7\mathrm{.}34\%$

$12\mathrm{.}81\%$