Question

A bond has five years to​ maturity, a $ 2,000 face​ value, and a 5.5​% coupon...

A bond has five years to​ maturity, a $ 2,000 face​ value, and a 5.5​% coupon rate with annual coupons. What is its yield to maturity if it is currently trading at $ 1,671​?

A. 11.79​%

B. 9.82​%

C. 7.86​%

D. 13.75​%

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