What is the yield-to-maturity (YTM)of a four-year annual pay bond with a par value of $1,000 and a 4% coupon rate when the bond is currently priced at $1,000?

Name: What is the yield-to-maturity (YTM)of a four-year annual pay bond with a par value of $1,000 and a 4% coupon rate when the bond is currently priced at $1,000?
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When a bond is priced at par value, the yield-to-maturity (YTM) is equal to the coupon rate. Therefore, the YTM of the bond in this scenario is 4%.

What Is the Yield-To-Maturity (YTM)of a Four-Year Annual Pay Bond