Question: A bond has three years to maturity, a $2,000 face value, and a 5.9% coupon rate with annual coupons. What is its yield to maturity
A bond has three years to maturity, a $2,000 face value, and a 5.9% coupon rate with annual coupons. What is its yield to maturity if it is currently trading at $1,812 ? A. 7.72% B. 13.52% C. 11.58% D. 9.65%
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