Question: A 1 0 - year bond has a $ 1 , 0 0 0 face value, a market price of $ 1 , 0 4

A 10-year bond has a $1,000 face value, a market price of $1,045, and pays 7.45% semi-annual coupon. What is the Yield to maturity of this bond?
A.7.45%
B.6.82%
C.7%
D.6.81%
 A 10-year bond has a $1,000 face value, a market price

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