Werkrat9340 Werkrat9340

05-06-2023
Business

contestada

What is the yield to maturity of a corporate bond with 15 years to maturity, a coupon rate of 5.70% per year a $1,000 per value and a current market price of $1,100? Assume semi-annual coupon payments.
a. 4.27%
b. 4.76%
c. 5.01%
d. 5.18%
e. 5.35%

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