What is the YTM of a 7.5 % annual coupon bond, with a $1,000 face value, which matures in 4 years? The market price of the bond is $1,108.32.
A. 4.48%
B. 5.23%
C. 5.76%
D. 6.99%
Answer:A
What is the YTM of a 7.5 % annual coupon bond, with a $1,000 face value, which matures in 4 years? The market price of the bond is $1,108.32.
A. 4.48% B. 5.23% C. 5.76% D. 6.99%