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What is the annual yield to maturity on a 10 year 2.2% coupon bond paid semi-annually with a $1,000 par value and a price of
What is the annual yield to maturity on a 10 year 2.2% coupon bond paid semi-annually with a $1,000 par value and a price of $989? A) 2.32% B) 1.16% C) 1.55% D) 1.94%
What is the annual yield to maturity on a 10 year 2.2% coupon bond paid semi-annually with a $1,000 par value and a price of $989?
A) 2.32%
B) 1.16%
C) 1.55%
D) 1.94%
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