Question: A bond has five years to maturity, a $ 2,000 face value, and a 5.5% coupon rate with annual coupons. What is its yield to
A bond has five years to maturity, a $ 2,000 face value, and a 5.5% coupon rate with annual coupons. What is its yield to maturity if it is currently trading at $ 1,671?
A. 11.79%
B. 9.82%
C. 7.86%
D. 13.75%
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