Use the following information to answer the question(s)below.
-Consider a four-year,default-free bond with an annual coupon rate of 4.5% and a face value of $1000.The YTM on this bond is closest to:
A)3.85%.
B)4.20%.
C)4.35%.
D)4.40%.

Question

Use the following information to answer the question(s)below. 
-Consider a four-year,default-free bond with an annual coupon rate of 4.5% and a face value of $1000.The YTM on this bond is closest to:
A)3.85%. 
B)4.20%. 
C)4.35%. 
D)4.40%.

Quizplus · Accepted Answer

The Answer of Use the following information to answer the question(s)below. 
-Consider a four-year,default-free bond with an annual coupon rate of 4.5% and a face value of $1000.The YTM on this bond is closest to:
A)3.85%. 
B)4.20%. 
C)4.35%. 
D)4.40%.

Use the Following Information to Answer the Question(s)below