Question: Consider the market for a bond which has a face value of ( $ 5,000 ), pays a coupen of ( $ 300 ), and

 Consider the market for a bond which has a face value

Consider the market for a bond which has a face value of \\( \\$ 5,000 \\), pays a coupen of \\( \\$ 300 \\), and matures in 10 yean. Suppose the demand for such bonds is given by \\( P=8,250-\\frac{1}{2} Q \\), and that the supply of such bonds is giveri by \\( P=\\frac{1}{2} Q \\). What in yield to maturity of the bond in it is purchased at the equilibrium price? \15 \6 6. \7 D\\%

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