Question: CAN U PLEASE HELP MEE WITH THIS A corporate bond has a face value of $1,000, and pays a $47 coupon semiannually (that is, the

CAN U PLEASE HELP MEE WITH THIS

A corporate bond has a face value of $1,000, and pays a $47 coupon semiannually (that is, the bond has a 9.4 percent coupon). The bond matures in 8 years and sells at a price of $1,054. What is the bond's nominal yield to maturity?

9.06%

8.46%

8.76%

8.16%

9.36%

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