What is the yield to maturity (YTM) on a bond that sells for $950,has a coupon rate of 4%,matures in six years,and has a par value of $1,000?
A) 6%
B) 4.99%
C) 4.26%
D) 3.71%
Correct Answer:
Verified
Q25: _ is the interest rate you will
Q26: Municipal bonds _.
A)have no default risk
B)have tax
Q27: A _ bond is a hybrid security
Q28: Which is not one of the three
Q29: A bond credit rating assesses the _
Q31: Bond rating agencies classify bonds based on
Q32: Corporate bonds _.
A)have default risk
B)have tax advantages
C)are
Q33: Treasury bills _.
A)pay interest semiannually
B)pay interest monthly
C)are
Q34: _ is the interest rate paid on
Q35: Convertible bonds are corporate bonds _.
A)that can
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