The yield to maturity on a consol bond that pays $200 yearly and sells for $1000 is
A. 5 percent.
B. 10 percent.
C. 20 percent.
D. 25 percent.
Answer:C
The yield to maturity on a consol bond that pays $200 yearly and sells for $1000 is
A. 5 percent.
 B. 10 percent.
 C. 20 percent.
 D. 25 percent.
