Question: A two - year bond with par value $ 1 , 0 0 0 making annual coupon payments of $ 9 0 is priced at

A two-year bond with par value $1,000 making annual coupon payments of $90 is priced at $1,000.
Required:
a. What is the yield to maturity of the bond? (Round your answer to 1 decimal place.)
Answer is complete and correct.
\table[[\table[[Yield to],[maturity]],9.0,%
Find part b!
A two-year bond with par value $1,000 making annual coupon payments

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