Video images has an outstanding bond with $1,000 maturity value and a 4.6 percent coupon rate of

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Video images has an outstanding bond with $1,000 maturity value and a 4.6 percent coupon rate of interest. Interest is paid semiannually. The bond, which matures in 12 years, is currently selling for $836. What is the bond's yield to maturity (YTM)?

a) 3.30%

b) 6.60%

c) 6.62%

d) 6.95%

e) 6.77%

Posted Date: May 18, 2024 07:00 AM

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Video images has an outstanding bond with $1,000 maturity value and a 4.6 percent coupon rate of

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