Question: LO2 Bond Features Maturity (years) = 5 Face Value = $1,000 Coupon Rate = 6.00% Current Price = $965 Coupon dates (Semiannual) What is the

LO2

Bond Features
Maturity (years) = 5
Face Value = $1,000
Coupon Rate = 6.00%
Current Price = $965
Coupon dates (Semiannual)

What is the YTM (annual) of the above bond?

Group of answer choices

5.95%

6.84%

3.42%

3.45%

6.91%

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