A 10-year bond with a $1,000 face value and 6% coupon rate is currently selling in the bond market for $700. Its yield to maturity is (approximately)
A)
6%.
B)
7%.
C)
8.6%.
D)
10.6%.
D
You might also like to view...
Relevant information can be quantitative or qualitative. In deciding whether to go to college part-time or full-time, which of the following is a qualitative factor for a student?
a. The cost of tuition b. The opportunity to make friends c. The price of football tickets d. "Good Student" discounts on auto insurance rates.
According to the Heritage Foundation, the country with the highest degree of economic freedom is the United States
Indicate whether the statement is true or false
Any management action that reduces employment opportunities upon restructuring is known as ____________________
Fill in the blank(s) with correct word
If you think others are being disrespectful to you because of your gender or race, just ignore them
Indicate whether the statement is true or false