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The Chauncey Company currently has a bond outstanding with a coupon rate of 8 percent and semiannual navmente. The bond is currently relling for $1,020.58.

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The Chauncey Company currently has a bond outstanding with a coupon rate of 8 percent and semiannual navmente. The bond is currently relling for $1,020.58. The bond mattires in 10 yeats and has a par value is $1,000. What is the yield to maturity (YTM) of The Chauncey Company's bonds? 7.50% hask 7.70% 1. r.ion 15.59%

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