Multiple Choice
A bond has three years to maturity,a $2000 face value,and a 6.3% coupon rate with annual coupons.What is its yield to maturity if it is currently trading at $1801?
A) 6.30%
B) 8.48%
C) 9.22%
D) 10.32%
E) 9.88%
Correct Answer:
Verified
Correct Answer:
Verified
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