a bond has five years to maturity, $1000 fave value, 6.4% coupon rate with annual coupons.
a bond has five years to maturity, $1000 fave value, 6.4% coupon rate with annual coupons. what is its yield to maturity if it is currently trading at $872?
7.79%
9.74%
13.64%
11.69%