Question: Question 9 1 pts Eastern Corporation has $1,000 par value bonds with 4 years to maturity. The bonds pay an 8% coupon rate with semi-

Question 9 1 pts Eastern Corporation has $1,000 par value bonds

Question 9 1 pts Eastern Corporation has $1,000 par value bonds with 4 years to maturity. The bonds pay an 8% coupon rate with semi- annual coupon interest payments. The bond's closing price is quoted at 101.25. Suppose you purchase the bond for the closing price. What is the bond's yield to maturity? 03.82% 07.78% 0 10.95% O 7.63% 15.57%

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