Time left 1:06:49\ Ajax Corporation issued 10,000 units of

$1,000

face value bonds that mature in 20 years and have a

4%

coupon rate that is paid semiannually. If the bonds were sold at

103.5%

of their face value, calculate the yield to maturity at the end of year 10 .\ a.

3.50%

\ b.

3.71%

\ c.

3.75%

\ d.

3.64%

\ e.

3.58%

Ajax Corporation issued 10,000 units of $1,000 face value bonds that mature in 20 years and have a 4% coupon rate that is paid semiannually. If the bonds were sold at 103.5% of their face value, calculate the yield to maturity at the end of year 10 . a. 3.50% b. 3.71% c. 3.75% d. 3.64% e. 3.58% Ajax Corporation issued 10,000 units of $1,000 face value bonds that mature in 20 years and have a 4% coupon rate that is paid semiannually. If the bonds were sold at 103.5% of their face value, calculate the yield to maturity at the end of year 10 . a. 3.50% b. 3.71% c. 3.75% d. 3.64% e. 3.58%