What is the Yield to Maturity (YTM )for a $1,000 par value bond selling on the market priced at $1,120 that matures in 6 years and has the annual coupons rate at 12%? Select one: O a. 8.5 % O b. 9.4 % O c. 13.2 %

What is the Yield to Maturity (YTM )for a $1,000 par value bond selling on the market priced at $1,120 that matures in 6 years and has the annual coupons rate at 12%? Select one: O a. 8.5 % O b. 9.4 % O c. 13.2 %

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

What is the Yield to Maturity (YTM)for
a $1,000 par value bond selling on the
market priced at $1,120 that matures in 6
years and has the annual coupons rate at
12%?
Select one:
O a. 8.5 %
O b. 9.4 %
O c. 13.2 %
O d. 12.%

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