Kizspy Question: 2
(Choose 1 answer)
FJOVERFLOW.COM
Alice Trang is planning to buy a six-year bond that pays a coupon of 10 percent semiannually. Given the
current price of $878.21, what is the yield to maturity on these bonds? (Round to the closest answer.)
A. 11%
B. 12%
C. 13%
D. 14%
