Multiple Choice
Yield to maturity: Alice Trang is planning to buy a six-year bond that pays a coupon of 10 percent semiannually. Given the current price of $878.21, what is the yield to maturity on these bonds?
A) 11%
B) 12%
C) 13%
D) 14%
Correct Answer:
Verified
Correct Answer:
Verified
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