Mary wants to invest her recent bonus in an eight-year, 10 percent coupon bond that pays semiannual coupon payments. The bonds are selling at $943.56 today. If she buys this bond and holds it to maturity, what would be her yield-to-maturity?
Question 10 options:
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11.08% |
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12.59% |
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5.44% |
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9.80% |
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