Posted: September 22nd, 2016

What is the YTM of a 7.5 % annual coupon bond, with a $1,000 face value, which matures in 4 years? The market price of the bond is $1,108.32.

What is the YTM of a 7.5 % annual coupon bond, with a $1,000 face value, which matures in 4 years? The market price of the bond is $1,108.32.
a) 4.48%
b) 5.23%
c) 5.76%
d) 6.99%