Use of Financial Calculator TI BA II Plus required. Jan buys a $1000 10 percent semi-annual coupon bond for a price of $1094 and holds it to maturity in six years. What is the bond's yield to maturity?
A) 10 percent
B) 8) 0 percent
C) 8) 6 percent
D) 9) 0 percent
Correct Answer:
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