Question

The bonds issued by Manson Ampson bear a coupon of 6 percent, payable semiannually. The bond...

The bonds issued by Manson Ampson bear a coupon of 6 percent, payable semiannually. The bond matures in 15 years and has a $1,000 face value. Currently, the bond sells at par. What is the yield to maturity?

3.00%

5.97%

6.00%

6.17%

0 0
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