Question
Suppose a bond with a 10% coupon rate and semiannual coupons, has a face value of $1,000, 5 years to maturity and is selling for
Suppose a bond with a 10% coupon rate and semiannual coupons, has a face value of $1,000, 5 years to maturity and is selling for $1,197.93.Please calculate Yield to Maturity of this bond.
a. 4%b. 4.4%c. 14%d. 14.4%e. 5.4%f.7.8%g. 15%h. 17% i. 9.6%j. 10.3%
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