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Wang Chung Entertainment holds a debt portfolio of three bonds. One is a 21-year 6% coupon bond that sells for $630. The second is a

Wang Chung Entertainment holds a debt portfolio of three bonds. One is a 21-year 6% coupon bond that sells for $630. The second is a 7-year zero annual coupon bond that sells for $782.45. The third is a 16-year 3% annual coupon bond selling for $500. What is the average Yield to Maturity given all three bonds in the debt portfolio? 7,65% 5.73% O-OO O 6.29% 5.01% 6.95%

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