The S company has a bond putstanding with a fave valur of $5000 that reaches maturity in
The S company has a bond putstanding with a fave valur of $5000 that reaches maturity in 9 years. the bond certificate indicated that the stated coupon rate for this bond is 8.9% and that the coupon payments are to be made semiannually. assuming that this bond trades for $4792, then the YTM for this bond is closest to:
9.6%
11.5%
7.7%
13.4%