Your firm has just issued a 10-year $1,000.00 par value,6% coupon semiannual bond for a net price of $964.00.What is the yield to maturity? Use a financial calculator to determine your answer.
A)3.16%
B)6.50%
C)6.32%
D)6.00%

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The Answer of Your firm has just issued a 10-year $1,000.00 par value,6% coupon semiannual bond for a net price of $964.00.What is the yield to maturity? Use a financial calculator to determine your answer.
A)3.16%
B)6.50%
C)6.32%
D)6.00%

Your Firm Has Just Issued a 10-Year $1,000