ABC Co.'s 10-year bonds have an annual coupon rate of 9.5%. Each bond has a face value of $1,000 and makes semi-annual interest payments. If the bonds are trading at $955, what is the yield to maturity (YTM) on these bonds? O5.1146% O 4.6082% 9.2163% O 10.2292% O 10.2399%

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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ABC Co.'s 10-year bonds have an annual coupon rate of 9.5%. Each bond has a face value of
$1,000 and makes semi-annual interest payments. If the bonds are trading at $955, what is
the yield to maturity (YTM) on these bonds?
5.1146%
O 4.6082%
9.2163%
10.2292%
10.2399%
Transcribed Image Text:ABC Co.'s 10-year bonds have an annual coupon rate of 9.5%. Each bond has a face value of $1,000 and makes semi-annual interest payments. If the bonds are trading at $955, what is the yield to maturity (YTM) on these bonds? 5.1146% O 4.6082% 9.2163% 10.2292% 10.2399%
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