What is the yield to maturity of a 9.4%semiannual coupon bond with a face value of​ $1,000 selling for $899.40 that matures in 10 ​years? The annual yield to maturity of the bond​ is: ​ (Select the best choice​ below.)   A. 12.31%   B. 12.199%   C. 9.094%   D. 9.537%   E. 11.09%

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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What is the yield to maturity of a 9.4%semiannual coupon bond with a face value of​ $1,000 selling for $899.40 that matures in 10 ​years?
The annual yield to maturity of the bond​ is: ​ (Select the best choice​ below.)
 
A. 12.31%
 
B. 12.199%
 
C. 9.094%
 
D. 9.537%
 
E. 11.09%
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