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    Exam 7: Fixed Income Securities: Characteristics and Valuation
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    What Is the Yield-To-Maturity of a Viacom Bond That Is
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What Is the Yield-To-Maturity of a Viacom Bond That Is

Question 108

Question 108

Multiple Choice

What is the yield-to-maturity of a Viacom bond that is selling for $948.75 with 6 years to maturity and a 7% coupon?


A) 7.01%
B) 8.11%
C) 8.38%
D) 7.38%

Correct Answer:

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