What is the yield to maturity of a(n) eight-year, $5000 bond with a 4.4% coupon rate and semiannual coupons if this bond is currently trading for a price of $4723.70?
A) 6.31%
B) 5.26%
C) 7.36%
D) 2.63%

Question

Quizplus · Accepted Answer

B) Using FV = $5000, periods to maturity = 16, 11ea84dc_f567_bfc9_9a63_f5a675e13326_TB1316_11_TB1316_11 and 11ea84dc_f567_bfca_9a63_3d61746abf98_TB1316_11_TB1316_11 calculate 11ea84dc_f567_bfcb_9a63_7bc6db7846f6_TB1316_11_TB1316_11 11ea84dc_f567_bfcc_9a63_69803a533834_TB1316_11_TB1316_11

What Is the Yield to Maturity of A(n) Eight-Year, $5000