Question: A bond has five years to maturity, a $2,000 face value, and a 6.4% coupon rate with annual coupons. What is its yield to maturity

A bond has five years to maturity, a $2,000 face value, and a 6.4% coupon rate with annual coupons. What is its yield to maturity if it is currently trading at $1,775 ? A. 11.19% B. 7.46% C. 9.32% D. 13.05%

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