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you are interested in purchasing a bond from solutions the bond had a 40 year maturity when it was issued which was 10 years ago

you are interested in purchasing a bond from solutions the bond had a 40 year maturity when it was issued which was 10 years ago it's face value was 1000 $ the bond pays quarter interest at an 8 % coupon rate the bond currently trades at a price of 950 $ what is the ytm ? a- 0.846

b- 0.92

c- 0.889

d- 0.222

e- a different value

thank u

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