Question: 5. Tidewater Home Health Care, Inc., has a bond issue outstanding with eight years remaining to maturity, a coupon rate of 10% with interest paid

5. Tidewater Home Health Care, Inc., has a bond issue outstanding with eight years remaining to maturity, a coupon rate of 10% with interest paid semi-annually, and a par value of $1,000. The current market price of the bonds is $1,251.22. What is the bond's yield to maturity? Choice: 2.5% Choice: 5.0% Choice: 6.0% Choice: 100%

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