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Suppose you have developed a bond portfolio using the bonds listed below (per $100 par value) reported. All the bonds make semi-annual coupon payments. Bond

Suppose you have developed a bond portfolio using the bonds listed below (per $100 par value) reported. All the bonds make semi-annual coupon payments. Bond Annual Coupon rate (%) Number of years price A 5 3 95 B 6 5 97 What is the yield to maturity of the above bond portfolio based on the cash flow yield? Group of answer choices

5.33%

5.53%

6.78%

5.23%

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