A bond with a 10% coupon, 10 years to maturity and a market price of 95 % of par has a yield to maturity of __________, assuming annual compound.
A) over 14%
B) between 13% and 14%
C) between 12% and 13%
D) less than 12%
Answer: D
A bond with a 10% coupon, 10 years to maturity and a market price of 95 % of par has a yield to maturity of __________, assuming annual compound.
A) over 14%
B) between 13% and 14%
C) between 12% and 13%
D) less than 12%
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.