Search What is the yield to maturity of a $1,000 face amount bond that currently sells for $875, pays $60 of interest at the end of each year, and matures in 10 years? Select one a. (A) 7.85% bB8.75% c. (C) 9.35% d. (D) 10.00% If a nominal 5 percent interest rate is compounded monthly, what is the effective annual interest rate? Select one: a. (A) 49 percent b. (8) 506 percent c. (C) 5.12 percent d. O 532 percent What is the present value rounded to the nearest dolar) of $12,000 due in years discounted analysercent nominal annual rate of interest? Select one: a. (A) $8,891 b. (B) 58,895 c. (C) $8,906 d. (D) $8.923 Assume that payments of $1,000 are to be received at the end of each of the best 5 years. On the basis of a 9 percent compound annuales assumption, what is the series of payments worth today? Select one (A) 584903 b. (B) 51,538.58 c. (C) $3.889.65 d. D) $5.98.471 9 W N