Suppose you have developed a bond portfolio using the bonds listed below (per $100 par value) reported. All the bonds make semi-annual coupon payments.
Bond Annual Coupon rate (%) Number of years price
A 5 3 95
B 6 5 97
What is the yield to maturity of the above bond portfolio based on the cash flow yield?
Group of answer choices
5.23%
5.33%
6.78%
5.53%