You are considering a bond with $6$ years to maturity. The face value of the bond is $$1,000.$ The coupon rate is $6\%($annual payments$).$ The price of the bond is $$1,050.$ What is the bond's YTM$?$

Select an answer and submit. For keyboard navigation, use the up$/$down arrow keys to select an answer.

a

$5\mathrm{.}01\%$

b

$6\mathrm{.}00\%$

c

$6\mathrm{.}73\%$

d

$7\mathrm{.}05\%$