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What is the yield to maturity of a 9.5 % semiannual coupon bond with a face value of? $1,000 selling for $ 874.79 that matures
What is the yield to maturity of a 9.5 % semiannual coupon bond with a face value of? $1,000 selling for $ 874.79 that matures in 11 ?years?
The annual yield to maturity of the bond? is: ? (Select the best choice? below.)
A. 11.076 %
B. 11.538 %
C. 9.923 %
D. 11.192 %
E. 12 %
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