Question
XYZ Corp has issued bonds that have a 6% coupon payable semiannually. The bonds mature in 5 years, have a face value of $1,000, and
XYZ Corp has issued bonds that have a 6% coupon payable semiannually. The bonds mature in 5 years, have a face value of $1,000, and are currently priced at $985. What is the yield to maturity?
Group of answer choices
5.39%
3.18%
6.35%
2.70%
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
6th Edition
003025809X, 978-3540014386
