Multiple Choice
A corporate bond with a face value of $1,000 matures in 4 years and has an 8% coupon paid at the end of each year. The current price of the bond is $932. What is the yield to maturity for this bond?
A) 5.05%
B) 6.48%
C) 8.58%
D) 10.15%
E) 11.92%
Correct Answer:
Verified
Correct Answer:
Verified
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