Question: Question 3 (2 points) A bond has 9 years to maturity and a current price of $1104. The coupon rate is 3.5% paid-semiannually. The face

 Question 3 (2 points) A bond has 9 years to maturity

Question 3 (2 points) A bond has 9 years to maturity and a current price of $1104. The coupon rate is 3.5% paid-semiannually. The face value is $1,000. The bond is callable and will pay a call premium of $70. What is the bond's YTM? A) 2.433% B) 2.219% C) 1.991% D) 1.216% E) 1.109% Previous Page Next Page Page 3

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