A corporate bond with a face value of €1,000 matures in 4 years and has a 8% coupon paid at the end of each year.The current price of the bond is €932.What is the yield to maturity for this bond?
A)5.05%
B)6.48%
C)8.58%
D)10.15%
E)11.92%

Question

Quizplus · Accepted Answer

The Answer of A corporate bond with a face value of €1,000 matures in 4 years and has a 8% coupon paid at the end of each year.The current price of the bond is €932.What is the yield to maturity for this bond?
A)5.05%
B)6.48%
C)8.58%
D)10.15%
E)11.92%

A Corporate Bond with a Face Value of €1,000 Matures