Question: What is the approximate yield to maturity for a $1,000 par value bond selling for $600 that matures in 15 years and pays 7

What is the approximate yield to maturity for a $1,000 par value bond selling for $600 that matures in 15

What is the approximate yield to maturity for a $1,000 par value bond selling for $600 that matures in 15 years and pays 7 percent interest semi-annually? O a. O b. 6.0% 3.6% O c. 13.3% O d. 12.1% O e. 8.2% Of. 8.9% D

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