UNT, Inc just issued a 10 year 9% coupon bond. The face value of the bond is $1,000 and the firm makes semiannual coupon

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answerhappygod
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UNT, Inc just issued a 10 year 9% coupon bond. The face value of the bond is $1,000 and the firm makes semiannual coupon

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UNT, Inc just issued a 10 year 9% coupon bond. The face value ofthe bond is $1,000 and the firm makes semiannual coupon payments.If the bond is trading at $1,267.25, what is the bond’s yield tomaturity?
Multiple Choice
2.75%
12.00%
5.49%
8.06%
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