Question: Verizon has a new bond issue that has a $ 1 , 0 0 0 par value, an 9 % coupon rate and semiannual interest

Verizon has a new bond issue that has a $1,000 par value, an 9% coupon rate and
semiannual interest payments. The bond will mature in 15 years. If the bond's price is
quoted at 67.891, what is the bond's yield to maturity?
15.42%
12.63%
19.29%
9.31%
14.24%
 Verizon has a new bond issue that has a $1,000 par

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