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The yield to maturity on a discount bond is: Equal to the coupon rate Less than the coupon rate Unrelated to the coupon rate O

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The yield to maturity on a discount bond is: Equal to the coupon rate Less than the coupon rate Unrelated to the coupon rate O Greater or less than the coupon rate, depending on the price of the bond Greater than the coupon rate Question 18 11 pts How many years until maturity is a 7.5% bond making semi annual payments with a YTM of 8%, if its current price is $985.50? 6.73 months 3.60 years 6.73 years 3.37 years

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