Question: The So - So Buy Inc., has $ 1 , 0 0 0 face value bonds outstanding. These bonds pay interest semiannually, mature in five

The So-So Buy Inc., has $1,000 face value bonds outstanding. These bonds pay interest semiannually, mature in five years, and have a 6.5 percent coupon. The current price is quoted at 985. What is the yield to maturity?
Group of answer choices
6.03 percent
6.33 percent
6.86 percent
4.48 percent

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